China, trade talks
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The latest trade truce between China and the United States offered investors the hope of an eventual deal that the feuding superpowers can live with, though the possibility of another tariff flare-up remained a risk for markets.
The CPI gives the latest update on consumer inflation, President Trump’s trade team is back from talks with China and Tesla CEO Elon Musk sets the stage for the debut of the long awaited robotaxis. FOX Business is providing real-time updates on the markets,
The United States and China have agreed to a framework that would restart last month's trade truce following two days of talks in London, negotiators announced Wednesday.
US stock futures wavered as Wall Street digested the latest progress on US-China trade negotiations and braced for the release of the May inflation report.
China has a virtual monopoly on those 17 metallic elements, which are critical components to everyday products from cars to jet engines to electronics like smartphones and flat-screen TVs. They’re even crucial for the contrast dye used in MRI machines and some cancer drugs.
Officials from the U.S. and China are meeting in London this week to iron out details of a deal that would lower Donald Trump’s levies on imports.
Live updates and the latest news as Trump threatens arrest for California officials who impede federal immigration enforcement in Los Angeles and his travel ban goes into effect.