China, trade deal
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While it’s too early to gauge the full impact of the 2025 tariffs, early signs suggest some sectors are more exposed to short-term volatility than others.
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TheHyperHive on MSNBig News! The US and China Just Struck a Trade Deal That Could Change Global MarketsWhat are the main goals of the new US-China Trade Deal? What does this mean for the global market? Two of the world’s biggest economies, often at odds, are finally finding common ground. That’s the story unfolding now as the United States and China announce a new trade deal.
U.S. and China officials met in London Monday to defuse the trade war between the world's two largest economies. A key issue will be China's restrictions on exporting rare earth minerals, which are key to U.S. industries including auto manufacturing.
Global stock markets showed mixed results amid ongoing China-US trade talks, influencing investor sentiment. Key indices in Europe and Asia fluctuated, with concerns over tariff impacts persisting. Meanwhile,
China returns to trade talks with the U.S. holding, from its view, a strong hand: Its economy is bearing up better than expected. And it has an ace card: rare earths.
U.S. and Chinese officials said they had agreed on a framework to put their trade truce back on track and remove China's export restrictions on rare earths while offering little sign of a durable resolution to longstanding trade differences.
The total trade value between China and the US in the first five months of 2025 declined by 8.1 percent, with the US remaining China’s third-largest trading partner, according to the latest customs data released on Monday.
The legal confusion over tariffs has buffeted U.S. trading partners around the world, casting doubt on the durability of Trump’s favorite bargaining tool.