Trump confirms China deal
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U.S. equity funds witnessed the smallest weekly net disposal in four weeks in the week through June 11 as a smaller than expected rise in consumer prices in May, and a U.S. trade deal with China, eased investor worries.
Commerce Secretary Howard Lutnick said the European Union was tough to deal with, and securing a trade pact with the bloc would likely take longer than most other such deals. The EU "got a little reli
Japanese Prime Minister Shigeru Ishiba said he won’t rush into a trade deal with the US that would hurt the nation’s interests, although he’d welcome any progress made before an expected summit with US President Donald Trump.
The International Monetary Fund said on Thursday that its next global growth forecast in July will take into account both positive and negative trade developments but declined to predict a tariff-driven GDP downgrade similar to that released by the World Bank this week.
TOKYO (AP) — Asian shares were trading mixed early Thursday after Wall Street’s rally stalled as investors appeared not to react much to the results of the latest round of China-U.S. trade talks. To continue reading, log in or subscribe.
President Donald Trump said Wednesday that a limited trade deal with China was “done,” pending his approval and that of Chinese President Xi Jinping.
The S&P 500 ended lower on Wednesday, with investors spooked by Middle East tensions, while a tame inflation report calmed concerns around tariff-driven price pressures and traders awaited more details on China-U.
US and Canadian officials are exchanging a document outlining potential trade deal terms, CBC News reported on Wednesday, citing anonymous sources, who said the paper is seen as a step toward a new trade pact.