In a significant development on June 11, 2025, President Donald Trump declared that the United States and China have reached a comprehensive trade agreement, effectively restoring a truce in the ongoing trade war between the two economic giants. This announcement follows intense negotiations in London, building upon a preliminary framework established in Geneva last month….
Former Australian Prime Minister Kevin Rudd has cautioned that President Donald Trump’s signature dealmaking approach may not effectively influence Chinese President Xi Jinping. Rudd, drawing from his extensive diplomatic experience, emphasized that Trump’s preference for high-stakes, off-the-cuff negotiations could clash with Xi’s methodical and consensus-driven style. He noted that Chinese leaders prioritize stability and face-saving…
Introduction:The U.S. dollar has recently approached a three-year low, declining by 0.6% against a basket of trade partner currencies. This downturn is attributed to disappointing manufacturing data and escalating concerns over the nation’s growing debt.Financial Times Key Points: Conclusion:The combination of weak manufacturing performance, escalating trade disputes, and mounting debt is exerting significant pressure on…
