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Despite Trump’s ‘Deals,’ Trade War Is Still On
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Trade experts anticipate a spike in trade during talks and a substantial deal, but the risk of inflation and economic slowdown may not be over.
A look at some of today's top trending headlines including the latest updates on China trade talks, Hamas hostage release plans and much more.
The lead U.S. negotiator in trade talks with China cheered “a great deal of productivity” in resolving differences between the world’s two leading economic powers, after officials wrapped two days of bargaining in Switzerland following President
The Treasury secretary cited progress and promised more details Monday. Beijing said the two sides agreed to start a formal negotiation process.
U.S. and Chinese officials are set to meet in Switzerland to discuss potentially de-escalating the trade spat that has resulted in high tariffs for each country.
Treasury Secretary Scott Bessent said the details would be announced on Monday after two days of negotiations in Geneva.
U.S. stocks climbed Monday after Treasury Secretary Bessent touted substantial progress on talks with the Chinese setting up a busy week of trade talks as President Trump heads to the Middle East. In economic and earnings news,
Xi Jinping’s decision to stand his ground against Donald Trump could hardly have gone any better for the Chinese leader. After two days of high-stakes talks in Switzerland, trade negotiators from the world’s biggest economies announced Monday a massive de-escalation in tariffs.