Explore more
China, U.S. Trade
Digest more
China cheered a new framework to defuse trade tensions with the US after two days of intense negotiation, calling on both countries to adhere to the agreement and maintain dialogue to stabilize ties.
U.S. stock index futures edged lower on Wednesday after U.S.-China trade talks offered little sign of a durable resolution to their longstanding trade tensions, while investors turned their focus to a key inflation reading.
China's trade negotiator says that the two countries reached an agreement on a trade framework after two days of talks.
The U.S. and China have agreed on a "framework" to resolve some disputes that threatened to derail fragile talks between the two countries.
US Commerce Secretary Howard Lutnick said the deal should result in restrictions on rare earth minerals and magnets being resolved. Both sides said they would now take the plan to their presidents - Donald Trump and Xi Jinping - for approval.
By Katya Golubkova and Trixie Yap (Reuters) -Oil prices softened on Wednesday as markets assessed the outcome of U.S.-China trade talks, yet to be reviewed by President Donald Trump, with weak oil demand from China and OPEC+ production increases weighing on the market.
The CPI gives the latest update on consumer inflation, President Trump’s trade team is back from talks with China and Tesla CEO Elon Musk sets the stage for the debut of the long awaited robotaxis. FOX Business is providing real-time updates on the markets,
US stock futures wavered as Wall Street digested the progress on US-China trade negotiations, a fresh legal ruling on President Trump tariffs, and braced for the release of the May inflation report.
Feedback