China
Trump Treasury Sec. Bessent to speak with Chinese trade counterpart on Friday
Treasury Secretary Scott Bessent will speak by phone on Friday with Chinese Vice Premier He Lifeng to discuss the ongoing trade negotiations between the United States and China, a senior Trump administration official told CNBC’s Eamon Javers. Additional details about the call, including the specific time it would take place or the next steps to […]
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Trump’s latest China trade spat offers lessons for the copper market amid AI boom
Key Points Demand for copper is expected to surge over the next decade, powered partly by the ongoing AI boom and a ramp-up in European defense spending. A “fragility” of supply chains, magnified by the current flare-up of trade tensions, shows why a diversity of supply is critical going forward. London Metal Exchange CEO Matt […]
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Cybersecurity firm F5’s stock sinks 12% after disclosing nation-state hack
Pavlo Gonchar | SOPA Images | Lightrocket | Getty Images U.S. cybersecurity company F5 fell 12% on Thursday after disclosing a system breach in which a “highly sophisticated nation-state threat actor” gained long-term access to some systems. F5 shares were pacing for the worst day since April 27, 2022, when the stock fell 12.8%. The […]
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What Taiwan Semi’s blowout quarter means for these 2 portfolio chip stocks
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Thursday’s key moments. 1. The U.S. stock market pushed modestly higher Thursday, buoyed by a strong revenue forecast from Taiwan Semi , which shifted Wall Street’s focus from escalating trade tensions with China. […]
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Shutdown layoffs, United earnings, Apple’s new products and more in Morning Squawk
Treasury Secretary Scott Bessent speaking at the CNBC Invest In America Forum in Washington, D.C. on Oct. 15, 2025. Aaron Clamage | CNBC This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Here are five key things investors need to know to start the trading day: 1. Tariff troubles As the […]
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CNBC Daily Open: Major U.S. banks enjoy a blowout quarter — assuaging trade war concerns
U.S. Treasury Secretary Scott Bessent adjusts his glasses during a meeting with U.S. President Donald Trump and President of Argentina Javier Milei in the Cabinet Room at the White House on Oct. 14, 2025 in Washington, DC. Kevin Dietsch | Getty Images China has been using its dominance in the rare earth industry to slash […]
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CNBC Daily Open: Strong bank earnings seem to overshadow escalating trade war
U.S. Treasury Secretary Scott Bessent speaks as he and U.S. Trade Representative Jamieson Greer hold a press conference on the sidelines of the IMF/World Bank annual meetings in Washington, D.C., U.S., Oct. 15, 2025. Ken Cedeno | Reuters China has been using its dominance in the rare earth industry to slash prices, driving foreign competitors […]
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CEOs of Wells Fargo and Pfizer caution the U.S. could lose its edge to China without innovation
Key Points Wells Fargo CEO Charlie Scharf said AI is boosting productivity but will likely reduce workforce size. Pfizer CEO Albert Bourla warned China is closing the biotech and pharmaceutical patent gap rapidly and said the U.S. needs to focus on innovation. Speaking at CNBC’s inaugural Invest in America Forum, both CEOs agreed that the […]
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Fed’s Miran sees China trade tensions as a further reason for quick interest rate cuts
Key Points Fed Governor Stephen Miran said the latest impasse in trade talks between the U.S. and China poses new dangers to the economic outlook and makes the case for rate cuts even more urgent. Miran has advocated for another 1.25 percentage points in cuts on top of the quarter-point move the Federal Open Market […]
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Treasury Secretary Bessent says a stock market decline won’t deter the U.S. from taking strong action against China
Treasury Secretary Scott Bessent insisted Wednesday that the U.S. won’t change its trade negotiating stance on China due to stock market volatility. “We won’t negotiate because the stock market is going down” or shy away from taking strong measures against Beijing for that reason, Bessent said in an exclusive interview at CNBC’s Invest in America […]
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