US-China trade deal
Trump-Xi Summit Results in Historic Trade Agreement and Pledge for "Everlasting Peace"
Nov 02, 2025 09:52 am CST
US President Donald Trump and Chinese President Xi Jinping reached a landmark trade agreement during their meeting at the APEC Summit, reducing tariffs from 57% to 47% and securing China's commitment to purchase American agricultural products while addressing the fentanyl crisis. Trump described the meeting as "a great one" that would lead to "everlasting peace and success" between the two nations.
Gold and Silver Prices Fall Sharply as US-China Trade Optimism Strengthens Dollar
Oct 27, 2025 02:54 pm CST
Gold and silver futures experienced significant declines on Monday as progress in US-China trade negotiations and a stronger dollar reduced safe-haven demand. Gold dropped 1.25% on MCX while silver fell 1.33%, with experts warning investors to prepare for continued volatility as markets await major central bank decisions this week.
US Treasury Secretary Announces Breakthrough in US-China Trade Negotiations Ahead of Trump-Xi Summit
Oct 27, 2025 12:43 am CST
US Treasury Secretary Scott Bessent has announced a significant trade agreement with China, averting planned tariff increases in exchange for Beijing delaying rare earth export restrictions. The deal includes substantial agricultural purchases benefiting US farmers and is expected to be formally announced at the upcoming Trump-Xi summit in South Korea.