US-China trade negotiations: Oil prices steady as investors eyes trade talks in London; Brent holds above $66
Monday, 9 June 2025 () Oil prices held steady, buoyed by hopes from renewed US-China trade talks in London, following a 4% gain last week. Negotiators are meeting to ease tensions, especially after China's rare earth export curbs. Market sentiment hinges on the meeting's outcome, balancing trade optimism with concerns over OPEC+ production and geopolitical risks.
US and China strike a deal on trade framework after talks in London
The London talks are the latest in the two countries’ joint efforts to find a middle ground to resolve a trade dispute which threatens to plunge the world into recession and economic instability.
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Canada has officially scrapped its controversial 3% Digital Services Tax after former U.S. President Donald Trump halted all trade talks and threatened new tariffs. The tax, set to target tech giants..
Explained! Why President Trump abruptly ended all trade talks with Canada. Trump called Canada's Digital Services Tax a “direct & blatant attack” on U.S. firms. The tax, retroactive to 2022,..
Trump launched a scathing attack on Canada after abruptly ending trade negotiations, calling the country “VERY DIFFICULT to deal with.” Trump claimed the U.S. holds all the leverage, warning Ottawa..
Monday, 9 June 2025 ()
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