Your Pulse On America: Live And Unfiltered
U.S. President Donald Trump takes questions from the media at the White House in Washington, D.C., U.S., May 7, 2025. Leah Millis | Reuters U.S. President Donald Trump on Wednesday said China will supply rare earths up front to the U.S. as part of a trade agreement. The relationship between the world’s two largest economies…
We are hearing that the trade talks with China may be bearing fruit — or at least aren’t at an impasse. We’ve heard positive spin before, so we will wait to hear whether both sides say the same thing before any sort of victory can be declared. We’re also watching key C.P.I. data on Wednesday….
Treasury Secretary Scott Bessent and two other Trump administration officials will meet with their Chinese counterparts in London on Monday for renewed trade talks, President Donald Trump said. Bessent, who has been leading the administration’s efforts to craft a deal with Beijing, will be joined by Commerce Secretary Howard Lutnick and U.S. Trade Representative Jamieson…
President Donald Trump and Chinese President Xi Jinping are likely to speak this week, a senior White House official told CNBC on Monday. The expected discussion follows a series of flare-ups between Washington and Beijing that threaten to derail a tentative trade agreement that the two economic superpowers reached just weeks earlier. The two leaders…
White House economic adviser Kevin Hassett gives a TV interview outside of the White House in Washington, U.S., May 9, 2025. Leah Millis | Reuters National Economic Council director Kevin Hassett suggested on Sunday that President Donald Trump and China’s President Xi Jinping could have a conversation about trade as soon as this week. Hassett…
Vindication? In the span of 24 hours, the “buy America” trade is back on and the odds of a U.S. recession have dipped. And pressure on the Fed to cut interest rates has abated despite the uncertainty surrounding Tuesday’s Consumer Price Index report. That has made Jay Powell one of the biggest beneficiaries from Monday’s…
Two Chinas inhabit the American imagination: One is a technology and manufacturing superpower poised to lead the world. The other is an economy that’s on the verge of collapse. Each reflect a real aspect of China. One China — let’s call it hopeful China — is defined by companies like the A.I. start-up DeepSeek, the…
President Trump’s decision to impose, and then walk back, triple-digit tariffs on Chinese products over the past month demonstrated the power and global reach of U.S. trade policy. But it was also another illustration of the limitations of Mr. Trump’s aggressive approach. The tariffs on Chinese goods, which the United States ratcheted up to a…
Deal or no deal? That’s what financial markets and businesses are waiting to learn. A weekend of productive trade talks in Geneva between the United States and China resulted in a “deal,” said Jamieson Greer, the United States Trade Representative and one of the main negotiators for the Trump administration. His Chinese counterpart expressed optimism,…
China is the world’s second-largest economy and second-largest importer of U.S. goods. Entities in China hold at least $784 billion in U.S. federal debt. The country also controls much of the world’s rare element supply, which is vital for manufacturing technology. China could weaponize these assets if an all-out trade war breaks out, to the…