U.S. and China Agree on Trade Framework
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The US and Vietnam are closing in on a framework trade agreement, despite ongoing concerns about Chinese goods being rerouted through the Southeast Asian nation to avoid tariffs, according to people familiar with the talks.
US stocks closed higher as investors wait for news from another day of China-US trade talks in London. Key inflation data are also ahead.
US stocks edged higher on Tuesday as renewed US-China trade talks entered their second day after an upbeat initial meeting. Both the S&P 500 and Nasdaq are now within striking distance of their all-time closing highs — 6,
Thailand’s tariff negotiations with the US are likely to take place virtually as President Donald Trump’s self-imposed July 9 deadline nears, according to the Department of Trade Negotiations.The trade-reliant Southeast Asian nation aims to conclude trade talks with the US before the end of the grace period set by Washington,
President Trump's officials have repeatedly said that they are nearing trade deals with a number of countries, without releasing specifics of most of them.
Donald Trump has said the US and China’s deal to restore their trade war truce is “done” after two days of marathon negotiations in London. In a post on his Truth Social network on Wednesday the US President hailed a breakthrough reached in bilateral talks in London late the night before.
Bloomberg reporters unpack the latest round of high-stakes trade talks between the US and China, exploring why Beijing may still have the upper hand. They answer your questions on what's next in the "done" deal.