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The Latest Breaking News from Xi Jinping

Era of free trade and investment is over, Canada’s PM tells Apec summit

Mark Carney warns Asia-Pacific leaders global economy undergoing profound change, as China’s president mounts defence of free trade

The Guardian - UK

What – if anything – did Asian countries get out of Donald Trump’s whirlwind tour?

Uncertainty surrounds the signing of this week’s trade deals amid the failure to secure reciprocity from the US to cut tariffs

The Guardian - UK

Nvidia partners with South Korean government, companies to boost AI development

Silicon Valley chipmaker Nvidia plans to supply its graphics processing units for projects with the South Korean businesses and government to advance the country’s artificial intelligence infrastructure and technologies

The Independent UK

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Chuck Schumer Says Trump 'Folded On China' After Creating The Tariff Policy Mess To Begin With: 'Delusion Is Unbelievable'

Senate Democratic Leader Chuck Schumer (D-N.Y.) blasted President Donald Trump's decision to pare back tariffs on China after a face-to-face meeting with President Xi Jinping, arguing that Trump is "trying to clean up the mess" he created and now wants "17 pats on the back" for it.

Benzinga

Trump deal a blueprint for Aussie minerals sales boost

The work put into a critical minerals deal with the US makes it easier for Australia to sell more resources to other countries in need, the prime minister says.

AAP

Shares in Asia are mixed and Chinese markets fall despite Trump's trade truce with Xi

Asian shares are mixed after the U.S. stock market sank from record heights as Wall Street sifted through various developments such as trade relations with China and profits of Big Tech giants

The Independent UK

Radio Free Asia suspends news operations amid cuts and US government shutdown

RFA will begin closing overseas bureaus, as well as laying off and paying severance to staff members, with the hope that it could return in the future

The Guardian - AU

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APEC leaders to open summit after Trump and Xi agreed on steps to ease trade tensions

Leaders of 21 Asian and Pacific Rim nations are set to open their annual summit to discuss how to promote economic cooperation and tackle shared challenges

The Independent UK

APEC Unmasks A New Order: Trump And Xi Freeze The Fight, Not The Friction

The summit's host, South Korea, had hoped to use APEC to showcase regional collaboration on issues like clean energy and supply chain resilience. Instead, the gathering became a theater for global diplomacy.

International Business Times

‘Sometimes, you have to let them fight’: Without a peace prize in it for him, Trump is letting Ukraine fend for itself

When there's nothing in it for him, his true colors show.

We Got This Covered

Trump and Xi meet face-to-face for first time since 2019 trade war. Hours after, Trump reveals the deal no one saw coming

Soybeans solved everything, apparently.

We Got This Covered

Stocks Settle Lower as Megacap Technology Stocks Slide

The S&P 500 Index ($SPX ) (SPY ) on Thursday closed down -0.99%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.23%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -1.47%. December E-mini S&P futures (ESZ25 ) fell -0.95%, and December E-mini Nasdaq futures...

Barchart

‘Stupidity is not contagious unless you’re a MAGA cultist’: Xi Jinping is visibly uncomfortable over Donald Trump’s ‘friendship’ claims

Donald Trump likes to think and tell everyone that he is close friends with all the leaders of the world. However, recent events suggest that this belief may be more of a delusion than a reality.

The Mary Sue

Stocks Sink with Meta, Microsoft: Stock Market Today

Alphabet was a bright light among the Magnificent 7 stocks today after the Google parent's quarterly revenue topped $100 billion for the first time.

Kiplinger

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Axios

Trump goes back to the future with China deal

We've been here before.

Benzinga

Trump And Xi Found A Trade Truce—But Wall Street Wanted More

Markets barely flinched after President Donald Trump's high-profile meeting with Chinese leader Xi Jinping in South Korea, as investors found little substance in the much-hyped U.S.-China trade truce that largely echoed prior leaks and delivered few surprises.

Barchart

Dollar Pushes Higher on Reduced Fed Rate Cut Speculation

The dollar index (DXY00 ) climbed to a 2.75-month high on Thursday and finished up by +0.29%. Higher T-note yields on Thursday were positive for the dollar as the 10-year T-note yield rose to a 2.5-week high. The dollar also has carryover support from Wednesday on hawkish comments from Fed...

The Independent UK

Deal between the US and China is undoing damage from a self-inflicted trade war

After months of posturing, arguing and threatening, U.S. President Donald Trump and Chinese leader Xi Jinping have essentially turned back the clock

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The Independent UK

Trade takeaways from Trump's meeting with Chinese leader Xi

U.S. President Donald Trump says he had an “amazing” meeting with China's top leader Xi Jinping that produced very important decisions

The Guardian - UK

The Guardian view on Trump and China: stepping back from the brink, but not solving problems

Editorial: Though the US president’s meeting with Xi Jinping appears to have staved off a global trade war, this is far from a win for Washington

The Conversation

What will Trump’s deal with Xi mean for the US economy and relations with China? Expert Q&A

It was 12 out of ten, said US president Donald Trump when reporting back on his meeting with his Chinese counterpart Xi Jinping. The two men met in the South Korean city of Busan on October 30, the first time they have come together face to face since 2019.

The Conversation

Trump-Xi talks will not have changed the priorities of the Chinese government

China’s president, Xi Jinping, has met with his American counterpart, Donald Trump, for their first face-to-face talks in six years. Trump emerged from the meeting in South Korea in a buoyant mood, describing it as a 12 on a scale of one to ten. He is now saying the US…

International Business Times

Trump and Xi Agree to Surprise One-Year Trade Truce in Bid to De-escalate U.S.–China Clash

In a surprise breakthrough, U.S. President Donald Trump and Chinese President Xi Jinping have agreed to a one-year trade truce, easing years of economic confrontation between the world's two largest economies.

Barchart

Crude Prices Push Higher as Global Growth Prospects Improve

December WTI crude oil (CLZ25) today is up +0.11 (+0.18%), and December RBOB gasoline (RBZ25) is up +0.0008 (+0.04%). Crude oil and gasoline prices are slightly higher today. An easing of US-China trade tensions is supportive for economic growth prospects and energy demand after President Trump and President Xi Jinping...

Barchart

Stock Indexes Slip on Weakness in Megacap Technology Stocks

The S&P 500 Index ($SPX ) (SPY ) today is down -0.42%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.60%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.95%. December E-mini S&P futures (ESZ25 ) are down -0.38%, and December E-mini Nasdaq futures...

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