Highlights of the U.S.-China Trade Deal
Bessent Says More U.S.-China Trade Meetings Likely in 'Next Few Weeks'
Express News | Trump: Drug Prices to Be Cut by 59%, Plus Gasoline, Energy, Groceries, and All Other Costs, Down
How Bessent Explained the 115-point Reduction in U.S.-China Tariffs That Has Triggered Market Euphoria
U.S. Suspends Bulk of Tariffs on Chinese Goods
Joint Statement on U.S.-China Economic and Trade Meeting in Geneva
Trump's "major concern": the stock market has returned, but the Bonds have not.
The S&P 500 Index has returned to the level before the tariff shock in April, but the yield on the 10-year US Treasury bond is still above the average level of 4.156% before the tariff announcement in April. Uncertainties such as tariff policy, fiscal outlook, and the White House's criticism of the Federal Reserve's interest rate policy have intensified pressure in the bond market.
Evercore ISI: The bear market in the U.S. stock market has ended, and a "marathon-style" bull market is expected under the shadow of tariffs.
The investment bank Evercore ISI pointed out that the latest market rebound marks the end of the bear market in 2025, but unlike in the past, this bull market will not accompany sharp rises, but will instead show a slow and volatile advance.
The U.S. Secretary of Commerce talks about "Trump tariffs": The base tariff rate of 10% will continue to exist!
① The Secretary of Commerce of the USA, Howard Lutnick, stated that the 10% base tariff rate on commodities imported from Other countries is likely to persist in the foreseeable future; ② Lutnick refuted the viewpoint that "American Consumers will bear the increased costs due to tariffs," insisting that businesses and the relevant countries will pay the price for it.
After Trump's "Liberation Day", the first wave of "hard data" from the USA is coming, will the inflation alarm ring again?
The latest data on inflation will be brought in the coming week, with the Consumer Price Index (CPI) being released on Tuesday and the Producer Price Index (PPI) being released on Thursday.
Tariff "stirring" intensifies the differentiation of U.S. bond yields, making it harder for the Federal Reserve to cut interest rates!
Short-term Treasury yield has decreased due to the market's expectations for the Federal Reserve to cut interest rates, however, the long-term Treasury yield, which is a key benchmark for economic financing costs, has instead risen. This suggests that even if the Federal Reserve lowers interest rates, long-term borrowing costs may remain high, weakening the effectiveness of rate cuts in stimulating the economy and increasing the difficulty of achieving a soft landing.
Trump Seeks Tax Hike on Those Making $2.5 Million or More
Trump Team Hopes to Lower Tariffs in China Talks
Tariffs News: Trump Suggests China Tariffs Could Be Lowered
US Morning News Call | Trump Says Weekend China Talks Could Yield Tariff Cut
Express News | Dow Jones futures turn lower after President Trump suggests an 80% tariff on China "seems right".
How a China Trade Deal Would Put Stocks on Course for New Records
Is the rebound in the US stock market about to peak? Bank of America strategists warn: Beware of the "Bullish" being fully realized.
Michael Hartnett, Chief Investment Strategist at Bank of America, warned that despite the expectations of easing trade policies leading to a significant rebound in U.S. stocks recently, this surge may be nearing its end.
U.S. stock market close: The U.S.-U.K. trade agreement boosts the market, with all three major Indices collectively rising, the Nasdaq up over 1%.
① The three major U.S. stock indexes all closed higher, with the Nasdaq rising over 1%; ② Large Technology stocks collectively increased, with Google rising nearly 2%; ③ China Concept Stocks saw widespread gains, with the Nasdaq China Golden Dragon Index rising 0.97%.
U.S. Stocks Climb on U.S. Trade Deal With U.K. -- Market Talk