Investors will also be assessing the developments in India and China relations, after leaders from both countries agreed that they are development partners, not rivals.
U.S. equity futures were little changed in early Asia hours, as investors await artificial intelligence darling Nvidia’s earnings.
Special Envoy Steve Witkoff’s remarks come just days after President Donald Trump met in Alaska with the Russian president to discuss ending the war in Ukraine.
Dmitry Medvedev said President Trump is “playing the ultimatum game with Russia” in pressuring for an end to the war on Ukraine.
The White House also announced a 40% tariff rate for all goods transshipped to avoid the applicable duties.
Chinese companies are capitalizing on a trove of video and gaming experience to ramp up money-making AI tools for generating videos and visual effects.
President Donald Trump and European Commission President Ursula von der Leyen met for a pivotal discussion before Trump’s Aug 1. tariff deadline.
President Donald Trump’s ‘reciprocal” tariff deadline has shifted since April 2, but White House officials insist that Aug. 1 is a firm deadline.
China’s ‘instant commerce’ sector is experiencing a cut-throat price war with companies launching massive subsidy programs and other promotions.
Trump wrote on Truth Social that he made the decision after receiving a national security assessment.