Thursday, May 1, 2025, 9:20 pm
US and Chinese officials are tiptoeing around a new round of tariff talks as reports emerge of US efforts to initiate discussions and China’s cautious evaluation of proposals. Futures markets have taken notice, with investors reacting as if they’d just spilled their morning coffee over tariff headlines.
China Quietly Walks Back A Quarter Of US Import Tariffs Amid Economic Crunch China has quietly started to exempt some US goods from tariffs that likely cover around $40 billion worth of imports (or around 24% of Chinese imports from the US in 2024), in what looks like an effort to…
Futures Rise Ahead Of Payrolls After China Hints At Trade Talks US equity futures gained ahead of the April Payolls report, but were well of their highs, after China said it is assessing the possibility of trade talks with the US, the first sign that negotiations could begin between…
Copper Rises as China Says It’s Weighing Trade Talks With US Bloomberg.com
Apollo's Torsten Slok Unveils Timeline For Trade War Fallout The first wave of the trade downturn is already affecting the U.S. West Coast, with the Port of Los Angeles experiencing a sharp decline in containerized imports from Asia, following months of elevated frontloading by U.S.…
Trade War Damage to US Becomes Clearer as China Considers Talks Bloomberg.com
Taiwan’s Currency, Stocks Surge on Hopes of Better US-China Ties Bloomberg.com
Oil gains as China opens door for trade talks with US Reuters
Certain American chips are essential for cars and other industrial goods made in China—a vulnerability revealed in tariff exemptions pushed by Beijing.
China expects the US to address unilateral tariff measures and correct past policies.
Asian stocks rise on signs of easing Sino-US trade tensions Reuters
Futures Jump After China Says It Is "Evaluating" Trade Talks Update (9:20pm ET): the first reaction from the US side comes in by way of Marco Rubio who speaks in a Fox News interview, and it is very much as expected: he makes it seem that China reached out first, which to Beijing is a…
China's manufacturing PMI fell to 49.0 in April, marking its lowest level since December 2023.
US officials approached China through various channels, though no official confirmation has been given.
permalink / 13 stories from sources in 8 days ago #china #tariffs #us #economy
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Facing escalating U.S. tariffs, Apple appears to be quietly shifting iPhone production to Brazil through its Foxconn partnership. Despite Apple’s denials, industry insiders suggest this strategic relocation aims to stabilize prices and secure the supply chain, proving that when it comes to international trade, geography often trumps rhetoric. More...
Samsung has kicked off a high-profile unveiling of its long-anticipated superslim Galaxy S25 Edge, sparking excitement among tech enthusiasts. The event showcased the phone’s innovative design and cutting-edge features, setting the stage for a fiercely competitive market. Not exactly a revolution, but enough to make followers drool. More...
HR tech startup Rippling has astonished investors by reaching a $16.8 billion valuation following a $450 million Series G financing round. This meteoric rise, buoyed by savvy venture capital interest (YC reportedly being one of the backers), adds another chapter to today’s ever-expanding unicorn saga. More...
U.S. Customs and Border Protection is set to capture every face of drivers leaving the country with high-tech facial recognition that matches travelers against their passports. The agency’s ambitious plan has security officials applauding while privacy advocates raise an eyebrow at this unprecedented surveillance move. More...
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