People shop for food at a supermarket in Monterey Park, California on September 9, 2025. Frederic J. Brown | Afp | Getty Images A tamer-than-expected U.S. inflation report for September injected optimism into markets. Traders are now betting that the Federal Reserve will almost certainly cut rates at its October meeting — scheduled for later…
Treasury Secretary Scott Bessett said Sunday he, too, has “felt pain” from China refusing to buy U.S.-grown soybeans during a trade conflict with President Donald Trump because “I’m actually a soybean farmer.” Bessent’s comment came during an interview with ABC News’ “This Week,” where he said that trade negotiations with China in the past two…
President Donald Trump announced new tariffs on Canada on Saturday, but he said there is a good chance of a “comprehensive deal” to cool trade tensions with China. The split screen emerged this weekend as Trump kicked off his first trip to Asia this term, a three-country sprint expected to focus heavily on trade. Trump…
Trump expressed confidence in the ability of U.S. and Chinese negotiators to fashion an agreement that stops the cycle of tit-for-tat tariffs and export-control reprisals that have characterized U.S.-China trade relations since April. “I think we’re going to have a good deal with China. I think if we make a deal, it’s going to be…
NEWYou can now listen to Fox News articles! Secretary of State Marco Rubio on Sunday reaffirmed long-standing U.S. support for Taiwan, stressing that the island will not be abandoned during trade talks with China. Speaking to reporters while traveling between Israel and Qatar en route to join President Donald Trump in Asia, Rubio said Taiwan…
My fellow Americans: Prime Minister Nakasone of Japan will be visiting me here at the White House next week. It’s an important visit, because, while I expect to take up our relations with our good friend Japan, which overall remain excellent, recent disagreements between our two countries on the issue of trade will also be…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email CNBC’s Eamon Javers reports on President Donald Trump speaking to reporters at the White House, saying he has a long meeting scheduled with Chinese President Xi Jinping during an upcoming trip to South Korea. 02:09 Wed, Oct 22 20255:36 PM EDT Source…
If there is any mystery over America’s historic agreement to partner with Australia this week on the supply of critical minerals, it is why it took so long. On April 4, just two days after Donald Trump’s much-touted Liberation Day tariffs panicked investors and sent markets into a tailspin, Beijing retaliated with its own ferocious…
Central Military Commission Vice Chairman He Weidong walks by Chinese President Xi Jinping as he arrives for a ceremony to commemorate Martyrs’ Day, on the eve of the 75th founding anniversary of the People’s Republic of China, on Tiananmen Square in Beijing, China, on September 30, 2024. [Florence Lo/Reuters] Chinese President Xi Jinping was to…
Wealthy investors in Asia, sitting on piles of cash built up since the pandemic, are looking to hedge their bets, shifting their assets out of U.S. equities and into the Chinese stock market and gold. (Nikkei illustration) Trading Asia Region is home to the world’s second-largest group of ultrawealthy investors LISA KIM and JADA NAGUMO October…