Japan, Trade
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The European Central Bank was set to keep interest rates on hold on Thursday, pausing after seven straight cuts as it waited for the fog surrounding Europe's trade relations with the United States to clear.
President Trump announced deals with Japan, Philippines and Indonesia, but many other countries have yet to clinch agreements.
The European Commission is focused on resolving trade discussions with the United States through negotiations, while also preparing for potential countermeasures if needed. Trade Commissioner Maros Sefcovic is set to speak with U.
The Chinese commerce ministry said on Friday that Beijing and Washington had stepped up efforts to implement what they had agreed during recent trade talks but cautioned the U.S. against destabilising their "hard-won" consensus.
President Donald Trump says a trip to China may happen soon, hinting at efforts to stabilize U.S.-China trade relations
President Trump has hinted at a forthcoming visit to China to potentially reset US-China relations. A summit with President Xi Jinping is anticipated to stabilize the turbulent relationship marked by past trade disputes.
The US-China trade deal is likely a precursor to certain other agreements on Fentanyl and Nvidia semiconductor chip exports, but an eventual decoupling is inevitable.
U.S. Trade Representative Calls Out China for Harmful Policies ... and diplomatic and economic relations between the two countries have deteriorated. The U.S. release of Meng Wanzhou, ...
Oil prices steadied in early trading on Wednesday after falling for three consecutive sessions as a U.S. trade deal with Japan signaled progress on tariffs and a poll showed U.S. crude stockpiles fell last week,
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