Asian markets remained mixed ahead of US-China trade talks
Friday, 9 May 2025 () Asian markets displayed mixed performance ahead of US-China trade talks in Geneva, while US futures saw a slight boost. Wall Street closed higher following a new US-UK trade agreement. China's export growth slowed, with a significant drop in exports to the US. The US economy remains steady, but consumer confidence is fragile amid ongoing trade tensions.
President Donald Trump swore in former U.S. Senator David Perdue as his new ambassador to China amidst growing tensions over trade. Trump joked about Perdue’s "timing," highlighting the difficult position he's stepping into. With Chinese negotiators set to meet with U.S. officials this weekend in...
President Trump is set to announce a major trade deal with a “highly respected” nation—confirmed by insiders to be the UK. The deal may include U.S. tariff cuts on British steel, autos, and..
China signals a possible shift in its trade stance, saying it's assessing U.S. proposals to restart negotiations amid escalating tariffs and economic strain. Beijing demands the U.S. show sincerity by..
U.S. Treasury Secretary Scott Bessent declined to confirm direct tariff negotiations with China, suggesting that Beijing faces severe economic fallout if current trade barriers persist. Speaking to..
Asian stock markets experienced a surge following the announcement of upcoming trade talks between China and the United States, raising hopes for de-escalation... IndiaTimes
Friday, 9 May 2025 ()
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