Xi Jinping
Trump extends TikTok ban deadline by another 90 days
Muhammed Selim Korkutata | Anadolu | Getty Images President Donald Trump has extended the deadline for TikTok’s parent company ByteDance to sell the short form video app to an American owner. On Thursday, Trump signed an executive order granting a third extension for the Chinese company to sell its video platform so it can continue […]
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Tariffs are the biggest macroeconomic concern for two in three investors, poll finds
Mounting trade tensions and tariffs have become the single biggest worry for global investors, overshadowing all other economic risks, a new survey shows. Nearly two-thirds (63%) of institutional investors and wealth managers identified trade levies as the most significant macroeconomic concern impacting their strategy, according to a survey published by British investment manager Schroders. The […]
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Stock futures tick lower after S&P 500 ends three-day win streak: Live updates
Traders wait for Voyager Technologies to begin trading during the company’s IPO at the New York Stock Exchange (NYSE) in New York City, U.S., June 11, 2025. Brendan McDermid | Reuters Stock futures fell on Wednesday after the S&P 500 saw its first negative session in four. S&P 500 futures traded down 0.2%, along with […]
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Trump’s ‘done’ deal with China: Trade damage will remain, logistics firms and retailers say
Chinese President Xi Jinping meets with U.S. President Donald Trump in Osaka, Japan, June 29, 2019. Xinhua News Agency | Xinhua News Agency | Getty Images President Donald Trump declared the trade war with China “done” Wednesday, while Commerce Secretary Howard Lutnick said tariffs on Chinese goods will be locked in at the current 55% […]
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U.S. tariffs on China won’t change again, Lutnick says after trade talks
Commerce Secretary Howard Lutnick said Wednesday that U.S. tariff levels on Chinese imports will not change from their current levels, even as a trade deal between Washington and Beijing has yet to be finalized. Asked on CNBC’s “Money Movers” if the current U.S. tariffs on China are not going to change again, Lutnick replied, “You […]
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China and U.S. trade officials to hold talks in London
TangMan Photography | Getty Images U.S. President Donald Trump’s top trade officials are meeting their Chinese counterparts in London on Monday for talks aimed at resolving an ongoing trade dispute between the world’s two largest economies. U.S. Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick and Trade Representative Jamieson Greer are representing the U.S. China’s […]
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Trump announces U.S.-China trade talks in London next week
U.S. Secretary of the Treasury Scott Bessent, U.S. Trade Representative Jamieson Greer, Li Chenggang, China’s International Trade Representative and Vice Minister of Commerce and Chinese Vice Premier He Lifeng, prepare to discuss during a bilateral meeting between the U.S. and China, in Geneva, Switzerland, May 11, 2025. Keystone/eda/martial Trezzini | Via Reuters Treasury Secretary Scott […]
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Long-awaited Trump-Xi call isn’t enough to resolve looming critical mineral shortage this summer
Key Points A high-stakes U.S.-China call has yet to resolve a rare earth metals shortage. Businesses say the shortage could halt production of cars and other industrial parts this summer. Only some Chinese suppliers of U.S. companies have received six-month export licenses. Source
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CNBC Daily Open: Trump and Musk’s breakup spills into the markets
U.S. President Donald Trump and Elon Musk attend a press event in the Oval Office of the White House in Washington, D.C., U.S., May 30, 2025. Nathan Howard | Reuters Developments from the White House are growing more exciting and unpredictable than those 1,000-episode Asian drama serials. On Thursday, “So much for being Mr. NICE […]
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CNBC Daily Open: Trump’s relationships can send markets roiling
US President Donald Trump and Tesla CEO Elon Musk speak to the press as they stand next to a Tesla vehicle on the South Portico of the White House on March 11, 2025 in Washington, DC. Mandel Ngan | AFP | Getty Images Developments from the White House are growing more exciting and unpredictable than […]
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