Articles in this Cluster
06-06-2025
Donald Trump said he will visit China after a “very good” phone call with Xi Jinping, adding he invited Xi to the White House, though Beijing’s readout mentioned only its own invitation. The leaders discussed trade amid a fragile truce that cut tariffs but has since stalled, with mutual accusations of violations: the U.S. says China hasn’t resumed critical mineral shipments; China says new U.S. chip restrictions undermine the deal. Trump also announced tightened checks on Chinese students while welcoming their presence. Xi urged the U.S. to withdraw “negative measures” and warned Washington to handle Taiwan “with caution” to avoid conflict. The call was their first since the trade war escalated.
Entities: Donald Trump, Xi Jinping, United States, China, trade war • Tone: analytical • Sentiment: neutral • Intent: inform
06-06-2025
Asia-Pacific markets were mixed as investors weighed a “very good” 90-minute call between U.S. President Trump and China’s President Xi, with both sides set to resume trade talks. Japan’s Nikkei rose 0.5% and Topix 0.47%, Australia’s ASX 200 fell 0.27%, Hong Kong’s Hang Seng slipped 0.51%, and China’s CSI 300 was flat. India’s Nifty 50 gained 0.96% after the central bank cut its policy rate more than expected to 5.5%, its third cut since February. South Korea’s markets were closed for a holiday.
Analyst commentary highlighted continued U.S.-China tensions despite de-escalation signals, Asia’s shift toward below-trend growth and inflation (Nomura), and concerns over China’s weak domestic demand and overcapacity fueling deflation (ANZ). AIA shares jumped 3% on news that HSBC’s Mark Tucker will return as chairman in October. In Japan, a record number of curry restaurants went bankrupt amid rising rice and ingredient costs. U.S. futures were steady ahead of a key jobs report after Wall Street closed lower, with the S&P 500 down 0.53%, Nasdaq down 0.83%, and Dow off 0.25%.
Entities: U.S.-China trade talks, Donald Trump, Xi Jinping, Nikkei, Reserve Bank of India • Tone: analytical • Sentiment: neutral • Intent: inform
06-06-2025
U.S. stocks rallied Friday after stronger-than-expected May payrolls eased slowdown fears. The Dow rose 1.05% (+443) to 42,762.87, the S&P 500 gained 1.03% to 6,000.36 (back above 6,000), and the Nasdaq climbed 1.20% to 19,529.95. Nonfarm payrolls increased by 139,000 vs. 125,000 expected; unemployment held at 4.2%. Tesla rebounded over 3%, while mega-cap techs including Nvidia, Meta, Apple advanced. Weekly, the S&P 500 +1.5%, Dow +1.2%, Nasdaq +2.2%. Trade sentiment improved after President Trump said U.S.-China talks will occur next week in London. Notable movers: Brown-Forman headed for its worst week since 1987 despite a Friday bounce; Broadcom fell despite topping estimates. UBS said consumers remain resilient, though lower-income households face inflation pressures; Deutsche Bank warned declining immigration could be a larger economic drag than tariffs. Several S&P 500 names, including Microsoft, IBM, Mastercard, and Nasdaq, hit all-time highs.
Entities: S&P 500, Dow Jones Industrial Average, Nasdaq, U.S. nonfarm payrolls, Tesla • Tone: analytical • Sentiment: positive • Intent: inform
06-06-2025
President Trump announced that Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick, and U.S. Trade Representative Jamieson Greer will meet Chinese counterparts in London on Monday for renewed trade talks. China’s lead negotiator, Vice Premier He Lifeng, will be in the U.K. for trade and economic discussions during the week. The talks follow a recent partial easing of tariffs after Geneva negotiations but come amid renewed tensions over U.S. warnings on Chinese chips, U.S. visa revocations for some Chinese students, and U.S. claims that China is slow-walking rare earth export approvals. China says its rare earth policies follow international practice and will expedite export license approvals.
Entities: Donald Trump, U.S.-China trade talks, Scott Bessent, Howard Lutnick, Jamieson Greer • Tone: analytical • Sentiment: neutral • Intent: inform
06-06-2025
A 90-minute call between U.S. President Donald Trump and China’s Xi Jinping revived stalled trade talks and eased tensions over rare earth exports, but offered no solution to broader technological and security disputes. Washington accuses Beijing of slow-walking rare earth licenses; China says it’s following standard procedures and views its dominance as leverage amid U.S. chip controls and visa restrictions. The inclusion of the U.S. commerce secretary in upcoming talks signals export controls may be on the table, though easing them remains politically difficult. Analysts expect continued flare-ups and a “three steps forward, two steps back” pattern. The call also underscored differing priorities: Trump frames issues around trade, while Beijing ties them to broader concerns, notably Taiwan and Chinese student visas.
Entities: Donald Trump, Xi Jinping, rare earths, U.S. export controls, U.S. Commerce Department • Tone: analytical • Sentiment: neutral • Intent: inform
06-06-2025
German Chancellor Friedrich Merz will meet President Donald Trump in Washington to address tariffs, trade, defense, and ongoing conflicts in Europe and the Middle East. Merz aims to secure relief from Trump’s 25% auto tariffs and a 10% tariff on other goods, while maintaining a constructive tone. He plans to balance cooperation with the U.S. and Europe’s strategic autonomy, emphasizing that Germany is not a supplicant. Merz supports raising NATO defense spending beyond 2% toward 5% of GDP, which could align with Trump’s demands and help garner U.S. support for Ukraine and future peace talks. The meeting follows unpredictable prior Oval Office encounters with other leaders.
Entities: Friedrich Merz, Donald Trump, Germany, United States, NATO • Tone: analytical • Sentiment: neutral • Intent: inform
06-06-2025
Donald Trump and Xi Jinping held a “very good” phone call amid the ongoing US–China trade war, agreeing to resume tariff talks. The call, initiated by Trump and lasting about 90 minutes, focused almost entirely on trade; no discussions covered Russia/Ukraine or Iran. Following a temporary deal on 12 May to lower tariffs during negotiations, the US cut tariffs on Chinese goods from 145% to 30% for 90 days, while China reduced tariffs on US goods from 125% to 10%. Trump said the call yielded a “very positive” outcome and resolved questions on rare earths, with both leaders inviting reciprocal visits. Chinese state media emphasized Xi’s call to “correct the course” of bilateral relations and urged careful handling of the Taiwan issue to avoid conflict.
Entities: Donald Trump, Xi Jinping, United States–China trade war, tariffs, rare earths • Tone: analytical • Sentiment: neutral • Intent: inform
06-06-2025
The article profiles U.S. entrepreneurs and their Chinese manufacturing partners whose long-standing, trust-based relationships underpin small-business trade between the two countries. It highlights two pairs: Elyse Dickerson of Eosera and Gorton Hu in Ningbo, whose intertwined supply chain and custom tooling make shifting production to the U.S. costly and slow; and Patrick Soong of Allitra and Martin Wong in Dongguan, whose collaboration helped U.S. startups scale but is now strained as tariffs push sourcing beyond China. Trump-era tariffs have raised costs, delayed shipments, and forced contract renegotiations, testing but not entirely breaking these partnerships. Both sides are sharing added costs, scrambling amid higher shipping rates, and hoping for lower tariffs, while some U.S. intermediaries seek non-China options to mitigate risk.
Entities: Trump-era tariffs, U.S.-China small business trade, Elyse Dickerson (Eosera), Gorton Hu (Ningbo), Patrick Soong (Allitra) • Tone: analytical • Sentiment: neutral • Intent: inform
06-06-2025
US President Donald Trump announced that top U.S. economic officials—Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick, and USTR Jamieson Greer—will meet Chinese counterparts in London on June 9, 2025, to discuss trade, following his phone call with Chinese President Xi Jinping. Trump also reiterated that Beijing agreed to restart exports of critical minerals. Markets rose on the news, with the S&P 500 up over 1% and the Nasdaq up about 1.3%. The call between Trump and Xi included invitations to visit each other’s capitals and was characterized by Trump as yielding a positive outcome for both countries.
Entities: Donald Trump, Xi Jinping, U.S. Treasury, U.S. Commerce Department, United States Trade Representative (USTR) • Tone: analytical • Sentiment: positive • Intent: inform
