At a used car market in Beijing, salesman Ma Hui said he fears China's electric vehicle industry is in a race to the bottom. EV makers, led by the country's market leader BYD, have been engaged in a bruising price war, depressing profits for the …
The 10-year yield slipped on Tuesday as U.S. and Chinese officials continued trade negotiations in London for a second day. The 10-year Treasury yield was down by 1.2 basis points at 4.472%. The 2-year yield added more than one basis point to 4.016%. The …
U.S. Treasury Secretary Scott Bessent speaks with the media as he departs to return to the U.S., while trade talks between the U.S. and China continue, in London, Britain, June 10, 2025. Toby Melville | Reuters The U.S. and China have reached consensus on …
U.S. Treasury Secretary Scott Bessent leaves on his way back to the U.S., while trade talks between the U.S. and China continue, in London, Britain, June 10, 2025. Toby Melville | Reuters U.S. Treasury Secretary Scott Bessent said Tuesday he is departing …
Officials from the US and China have agreed on a “framework” to move forward on trade after two days of talks in London stemming from their confrontation over tariffs. The US commerce secretary, Howard Lutnick, expressed optimism on Tuesday that concerns …
LONDON: US and Chinese officials agreed on a framework to put their trade truce back on track and resolve China's export restrictions on rare earth minerals and magnets, US Commerce Secretary Howard Lutnick said on Tuesday (Jun 10) at the conclusion of …
Lagarde told her audience that the U.S. and Europe will not allow China to destroy vital industries with what increasingly appears to be a conscious policy of flooding the world with its own goods. “Given national security considerations and the experience …
The U.S. and China have reached consensus on trade, representatives from both sides said following a second day of high-level talks in London, according to an NBC transcript. “We have reached a framework to implement the Geneva consensus and the call …
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