Articles in this Cluster
11-06-2025
US and Chinese officials concluded two days of talks in London with an in-principle framework to de-escalate trade tensions, which will now be sent to Presidents Donald Trump and Xi Jinping for approval. The plan aims to resolve disputes over rare earth minerals and magnets, a key sticking point since a temporary truce in May lowered tariffs but left non-tariff issues simmering. The US accuses China of slow-walking rare earth exports, while China cites US restrictions on semiconductors and related technologies. Both sides say the framework implements consensus from a recent Trump–Xi call and a Geneva meeting, seeking to stabilize trade after months of tit-for-tat measures.
Entities: United States, China, Donald Trump, Xi Jinping, rare earth minerals • Tone: analytical • Sentiment: neutral • Intent: inform
11-06-2025
Asia-Pacific stocks rose on June 11 as the U.S. and China reached a framework trade agreement pending leader approval. Mainland China’s CSI 300 and Hong Kong’s Hang Seng China Enterprises Index rebounded, with Tencent, BYD, and Alibaba among gainers. Japan’s Nikkei edged higher; South Korea’s Kospi and Kosdaq hit multi-year highs; Australia’s ASX 200 set a fresh record on strength in banks, miners, and energy. U.S. futures were flat ahead of May CPI, while U.S. indices logged a third straight gain. Commentary highlighted China, India, and Japan as attractive long-term markets, and renewed focus on rare earth supply chains amid potential clarity from the trade framework.
Entities: U.S.-China trade framework, CSI 300, Hang Seng China Enterprises Index, Tencent, BYD • Tone: analytical • Sentiment: positive • Intent: inform
11-06-2025
Treasury Secretary Scott Bessent signaled the Trump administration may extend the 90-day tariff pause beyond July 9 for the U.S.’ 18 key trading partners that are negotiating “in good faith,” potentially rolling the deadline forward to continue talks. Countries not engaging would not get extensions. The shift comes as the White House touts progress on multiple trade deals, with a formal pact announced with the U.K. and a framework agreement with China, though details of the China deal remain unclear.
Entities: Scott Bessent, Trump administration, tariff pause, U.S. trading partners, United Kingdom • Tone: analytical • Sentiment: neutral • Intent: inform
11-06-2025
China’s rapid AI adoption is colliding with a weak labor market, accelerating job displacement in routine roles like marketing and coding. High-profile executives, such as 360 Security’s Zhou Hongyi, are touting AI-driven cost cuts, while firms like Meituan report over half of new code generated by AI. Big techs increasingly demand AI skills from new graduates, spurring training platforms and seed funding initiatives. Despite government subsidies and pilots (e.g., eldercare robots), youth unemployment pressures persist amid wage cuts, company downsizing, and “involution” work culture. Trade headwinds deepen the strain: exports to the U.S. plunged 34% and roughly 16 million jobs are tied to U.S. demand. May surveys show broad labor contraction, especially in construction and small firms, potentially prompting more stimulus. Markets rose on news of a U.S.-China trade framework, while China’s CPI remained negative, signaling weak domestic demand.
Entities: China, Artificial Intelligence (AI), Zhou Hongyi, 360 Security, Meituan • Tone: analytical • Sentiment: negative • Intent: analyze
11-06-2025
European stocks were set to open lower on June 11, with futures indicating declines for the FTSE, DAX, CAC 40, and FTSE MIB. Markets reacted mixed to a tentative U.S.-China trade framework reached in London, pending presidential approval. Asia-Pacific rose on the news, while U.S. futures edged lower as investors focused on May U.S. CPI, expected at +0.2% month-over-month and 2.4% year-over-year. Hotter inflation could weigh on sentiment and Fed rate cut expectations. Traders are also watching Nvidia’s VivaTech keynote, Goldman Sachs’ European Financials Conference, the U.K. government’s Spending Review, and Inditex earnings.
Entities: Stoxx 600, FTSE, DAX, CAC 40, U.S. CPI • Tone: analytical • Sentiment: neutral • Intent: inform
11-06-2025
U.S. stock futures edged lower Wednesday as investors awaited May CPI and details of a U.S.-China trade framework reached after talks in London. Commerce officials plan to return to Washington for presidential approval, keeping markets sensitive to tariff risk. Despite a recent three-day rally that left the S&P 500 less than 2% from its February high, Deutsche Bank warned that renewed tariff rhetoric and rising long-end yields could pressure markets amid fiscal concerns. Economists expect CPI to rise 0.2% month over month and 2.4% year over year, unlikely to alter the Fed’s wait-and-see stance unless there’s a surprise. After hours, Dave & Buster’s rose on reaffirmed guidance, while GitLab and GameStop fell on weaker outlooks and revenue miss. Earnings from Chewy and Oracle are due Wednesday.
Entities: U.S. stock futures, May CPI, U.S.-China trade framework, Deutsche Bank, Federal Reserve • Tone: analytical • Sentiment: neutral • Intent: inform
11-06-2025
President Trump said the U.S. and China have a “done” trade framework under which China will supply magnets and any necessary rare earths to the U.S. up front. He claimed the deal includes 55% U.S. tariffs and 10% Chinese tariffs, with U.S. concessions such as allowing Chinese students to attend U.S. colleges. Final approval awaits Trump and President Xi. The agreement follows months of tension after China’s export restrictions on rare earths in response to higher U.S. tariffs. Markets reacted with a rise in oil prices. China dominates rare earth production and processing, a strategic concern for the U.S.
Entities: Donald Trump, China, rare earths, President Xi, U.S. tariffs • Tone: analytical • Sentiment: neutral • Intent: inform
11-06-2025
The U.S. and China agreed on a framework to implement the Geneva trade consensus after London talks, aiming to pause escalation and proceed if Presidents Trump and Xi approve. The framework ties U.S. rollback of recent advanced-tech export restrictions to China’s resolution of rare-earth export curbs. It follows a mid-May accord pausing new tariffs for 90 days and rolling back some measures. Officials cautioned unresolved details remain and warned of potential stops and starts despite the de-escalatory intent. Markets were cautious as specifics were pending.
Entities: United States, China, Geneva trade consensus, Donald Trump, Xi Jinping • Tone: analytical • Sentiment: neutral • Intent: inform
11-06-2025
Commerce Secretary Howard Lutnick said U.S. tariffs on Chinese imports are set at current levels and won’t change, despite no finalized trade deal yet. President Trump touted a combined 55% duty figure, which the White House clarified reflects existing tariffs (30% blanket plus 25% on select products). Following high-level talks in London, Trump called the deal “done” but pending final approval with President Xi, and said China will supply rare earths and magnets “up front.” Lutnick said Beijing will promptly approve U.S. magnet applications, crediting a recent Trump-Xi call, though uncertainties remain—such as China issuing only six-month licenses for rare earth imports, which could disrupt supply chains. China’s tariffs on U.S. goods remain at 10%.
Entities: United States, China, Howard Lutnick, Donald Trump, Xi Jinping • Tone: analytical • Sentiment: neutral • Intent: inform
11-06-2025
The U.S. and China agreed to resume a May trade truce after tense London talks, forming a framework to simultaneously roll back recent export controls and restore Chinese shipments of rare earth minerals and magnets critical to U.S. industry. Commerce Secretary Howard Lutnick said U.S. measures would be reversed “in a balanced way,” while China’s Xinhua described an agreement “in principle,” signaling details remain unresolved. A 90-day tariff pause set to expire in August may be extended, pending President Trump’s decision. The announcement came as a U.S. appeals court allowed many Trump-era tariffs to remain in place during legal challenges. Analysts cautioned the framework may preserve the status quo rather than deliver a broader deal.
Entities: United States, China, trade truce, export controls, rare earth minerals • Tone: analytical • Sentiment: neutral • Intent: inform
11-06-2025
Former US President Donald Trump announced a “done deal” with China pending final approval by President Xi Jinping, following talks in London. He said China would supply full magnets and necessary rare earths upfront, while the US would allow Chinese students to attend American universities. Trump claimed the agreement includes the US imposing total tariffs of 55% and China 10%, and described relations as “excellent.” He added he and Xi would work closely to open China further to American trade, signaling a potential easing of recent trade tensions.
Entities: Donald Trump, Xi Jinping, United States, China, rare earths • Tone: analytical • Sentiment: neutral • Intent: inform
11-06-2025
Gregory May, the U.S. consul general in Hong Kong and Macau since 2022, is likely to take a senior ministerial post at the U.S. Embassy in Beijing, sources say. His expected move comes amid delicate U.S.-China efforts to manage trade tensions, following a recent truce in Geneva and the arrival of Ambassador David Perdue in May. May is seen as a top lieutenant candidate due to his pragmatism and extensive experience across mainland China, Hong Kong, and Taiwan. Despite strained political ties and sanctions, he reportedly sustained business, academic, and community outreach in Hong Kong, helping preserve key exchanges.
Entities: Gregory May, U.S. Embassy in Beijing, U.S. Consulate General Hong Kong and Macau, David Perdue, United States-China relations • Tone: analytical • Sentiment: neutral • Intent: inform
11-06-2025
Hong Kong stocks rose after the US and China announced a preliminary trade framework in London aimed at easing tensions. The Hang Seng Index gained 1% and the Hang Seng Tech Index climbed 1.2%, with mainland benchmarks also up. Automotive and tech shares led gains: BYD jumped after pledging 60-day supplier payments, while Nio, Xpeng, Xiaomi, and JD.com advanced. Zhongsheng Group and China Life also rallied. Consumer staples lagged, with Tingyi, Nongfu Spring, and Anta Sports declining. The framework will be submitted to both governments for approval, according to US Commerce Secretary Howard Lutnick and China’s Vice Commerce Minister Li Chenggang.
Entities: Hong Kong, Hang Seng Index, Hang Seng Tech Index, US-China trade framework, BYD • Tone: analytical • Sentiment: positive • Intent: inform
11-06-2025
Donald Trump endorsed a US-China framework deal reached in London that would ease China’s curbs on rare earth minerals and magnets critical to US industries, helping avert disruptions in the auto sector. He said the agreement, pending final approval by Xi Jinping and himself, would effectively bring total US tariffs on Chinese goods to 55%, combining existing and new levies, while China would impose 10%. The deal also includes facilitating Chinese students’ access to US colleges. Details remain limited, and Trump has reversed trade pacts before. The move comes amid elevated US inflation and uncertainty over Federal Reserve rate cuts, with economists warning that tariffs may boost consumer prices.
Entities: Donald Trump, Xi Jinping, United States, China, rare earth minerals and magnets • Tone: analytical • Sentiment: neutral • Intent: inform
11-06-2025
A draft US-China trade deal announced by Donald Trump would ease US tariffs to 55% and Chinese tariffs to 10% and, crucially, secure Chinese supplies of rare-earth metals and magnets vital to US defense production. The move aims to reassure firms like Lockheed Martin amid China’s recent export restrictions on seven rare earths and limits on US defense-linked entities. China controls the global supply of samarium, essential for high-heat military-grade magnets used in F-35s, submarines, missiles, radars, drones, and smart bombs—systems already strained by US weapons transfers abroad. Analysts warn the US defense industrial base lacks surge capacity compared with China’s rapidly expanding production. The agreement follows tense negotiations, including a visa crackdown on Chinese students, and underscores longstanding US vulnerability due to reliance on Chinese rare-earths despite prior efforts to develop alternative sources.
Entities: Donald Trump, China, rare-earth metals, samarium, Lockheed Martin • Tone: analytical • Sentiment: neutral • Intent: inform
11-06-2025
US and Chinese officials agreed in London on a “framework” to implement a Geneva deal easing retaliatory tariffs, pending approval from Presidents Trump and Xi. A key sticking point—China’s restrictions on exports of critical “rare earth” minerals and magnets—is set to be addressed as a “fundamental” element of the framework, with the US expected to roll back related export measures in a “balanced” way. Both sides described the talks as professional and constructive, aiming to quickly finalize a truce that would reduce trade tensions and facilitate critical mineral flows.
Entities: United States, China, Donald Trump, Xi Jinping, rare earth minerals • Tone: analytical • Sentiment: neutral • Intent: inform
