US Treasury Secretary Scott Bessent anticipates a “pretty big breakthrough” in the next round of trade talks with China, despite ongoing tensions and retaliatory measures. A key moment is expected at the upcoming regional summit in South Korea, where Presidents Donald Trump and Xi Jinping are set to hold a pull-aside meeting. Bessent also highlighted his own negotiations with Chinese Vice Premier He Lifeng, marking the fifth round of discussions. While previous talks have been inconclusive, the upcoming engagements could reshape the trajectory of US-China trade relations, especially as the Trump administration moves to support American farmers impacted by reduced Chinese purchases. Source: Bloomberg --- #USChinaTrade #ScottBessent #DonaldTrump #XiJinping #TradeTalks #Geopolitics #SoybeanTariffs #EconomicDiplomacy #BloombergNews #GlobalMarkets
US Treasury Secretary Bessent Sees Trade Breakthrough with China
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A new month starts today and it is the perfect time to look at major trade policy trends from September. As my colleague Fiama Angeles Bonelli highlights, not everthing was about US Tariff Policy. Major developments identified but the talented monitoring team of the Global Trade Alert are 🛠️ The diversification of the trade policy toolkit with more actions related to public procurement, migration measures and export licensing 🎯New sanction packages against Russia adopted by several countries 🪖Several new actions supporting the defence industry in Europe, India and South Korea Check the publication below if you want to stay up to date! #globaltrade #tradepolicy #tradetrends
📢𝗧𝗵𝗲 𝗦𝗲𝗽𝘁𝗲𝗺𝗯𝗲𝗿 𝟮𝟬𝟮𝟱 𝗚𝗧𝗔 𝗠𝗼𝗻𝘁𝗵𝗹𝘆 𝗥𝗼𝘂𝗻𝗱𝘂𝗽 𝗶𝘀 𝗻𝗼𝘄 𝗹𝗶𝘃𝗲! This edition covers 575 new trade and industrial policy interventions from the past four weeks, with a spotlight on developments in the United States, China, and the European Union. This month’s update highlights four notable trends: 🧰 China and the US diversified their policy toolkit beyond traditional instruments. 🤝 The US expanded and modified its tariff regime and continued implementing bilateral deals. 🛡️ Policy activity in the defence sector intensified. ⛔ Several jurisdictions aligned with broader Western sanctions against Russia. 🔗 Access the Roundup here: https://lnkd.in/dYnyztci #GlobalTrade #Trade #Tariffs #IndustrialPolicy #Economics
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To secure a trade deal with China—and ensure that Beijing maintains exposure to the U.S. dollar system—Trump should present China with a dilemma instead of an ultimatum, argues Zongyuan Zoe Liu. https://fam.ag/42TD9fa
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Former U.S. President Donald Trump revealed that his 200% tariff threat compelled both India and Pakistan to step back from escalating trade tensions. The move, he stated, aimed to protect American interests while restoring balance in global trade dynamics. The image is AI-generated and only for reference purposes. #NayiFikr #DonaldTrump #TradeWar #India #Pakistan #USPolitics #GlobalEconomy #TariffNews #WorldPolitics #BreakingNews #EconomicPolicy #AIgenerated #InternationalRelations
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Zerohedge: *BESSENT: CHINA 'CAN'T BE TRUSTED WITH THE GLOBAL SUPPLY CHAIN' PERHAPS CHINA VICE COMMERCE MINISTER WENT 'ROGUE.' IF CHINA AIMS TO BE UNRELIABLE, WORLD MUST DECOUPLE. 🇨🇳🇺🇸 TREASURY SECRETARY BESSENT: “THIS IS CHINA VERSUS THE WORLD - NOT JUST A U.S.-CHINA PROBLEM”
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Treasury Secretary Bessent's assertion that China cannot be trusted with the global supply chain highlights a significant geopolitical shift. The idea of decoupling gains traction if reliability is compromised, framing this as a global challenge, not solely a bilateral one. #GlobalSupplyChain #Geopolitics #Decoupling
Vice President at Northern Trust Corporation | POPM Product Owner Securities Lending | Passion to decipher market moves
Zerohedge: *BESSENT: CHINA 'CAN'T BE TRUSTED WITH THE GLOBAL SUPPLY CHAIN' PERHAPS CHINA VICE COMMERCE MINISTER WENT 'ROGUE.' IF CHINA AIMS TO BE UNRELIABLE, WORLD MUST DECOUPLE. 🇨🇳🇺🇸 TREASURY SECRETARY BESSENT: “THIS IS CHINA VERSUS THE WORLD - NOT JUST A U.S.-CHINA PROBLEM”
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The evolving U.S.–China dynamic continues to shape how global trade and investment flows operate — not just between Washington and Beijing, but across neighboring markets like Mongolia, Vietnam, Canada, and Mexico (amongst many others). Shifts in FX rates, tariffs, and supply chain exposure are now critical variables that determine where capital goes and how companies protect margin and liquidity. The key is strategic flexibility: structuring operations and treasury to adjust to geopolitical shifts before they become financial shocks. #Geopolitics #TradeStrategy #FX #InternationalExpansion #FDI #GlobalBanking #FAOGlobal
US President Trump and Chinese President Xi have reignited tensions that threaten global growth and supply chains — their standoff isn’t just headline risk, it amplifies volatility across China and neighboring markets like Mongolia, Vietnam, Mexico, and Canada. For U.S. headquarters clients expanding abroad, this means intense pressure on capital flows, FX exposures, and partner selection in sensitive regions. At FAO Global, we are uniquely positioned to guide clients through this turbulence — helping them build resilient banking structures, navigate geopolitical risk, and connect with trusted local and regional partners in frontier markets. #Geopolitics #CrossBorderFinance #EmergingMarkets #GlobalBanking #RiskManagement https://lnkd.in/g_Xutf_C
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Following China’s decision to impose sweeping export controls on rare earths in response to Washington’s expanded restrictions on Chinese firms, our Paul S. Triolo spoke with CNN’s John Liu to discuss how the move could risk derailing recent progress made in trade negotiations and strain the fragile U.S.–China trade truce ahead of upcoming talks. Read the full article here: https://lnkd.in/dK4SXmhG
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China Vows to Fight to the End in Trade War with U.S. #China warns it will "fight to the end" in the #TradeWar with the #US, criticizing Washington’s new tariff threats. This comes after President #Trump announced plans for a 100% tariff on Chinese goods. #Economy #BreakingNews #Soochit
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🔥 𝗧𝗿𝘂𝗺𝗽’𝘀 $𝟵𝟬𝟬𝗕 𝗧𝗮𝗿𝗶𝗳𝗳 𝗥𝗲𝗹𝗶𝗲𝗳 𝗣𝗹𝗮𝗻 𝗨𝗻𝗱𝗲𝗿 𝗦𝗰𝗿𝘂𝘁𝗶𝗻𝘆 The proposal to roll out $900 billion in tariff relief has stirred strong reactions from trade partners, especially Japan and South Korea, who are pushing back against key terms. The plan is intended as a stimulus and reset for trade policy, but the international friction could complicate its implementation. 𝗪𝗵𝗲𝗿𝗲 𝗶𝘁 𝗴𝗼𝗲𝘀 𝗻𝗲𝘅𝘁: US legislative approval, diplomatic negotiations, and market reactions will all matter now more than ever. 🤔 𝗙𝗼𝗼𝗱 𝗳𝗼𝗿 𝘁𝗵𝗼𝘂𝗴𝗵𝘁: Could this tilt the trade balance in the US’s favor — or provoke retaliatory measures? How would export-import sectors and global supply chains respond? 𝗔𝗻𝗱 𝗶𝗻 𝘁𝗵𝗲 𝗜𝗻𝗱𝗶𝗮𝗻 𝗰𝗼𝗻𝘁𝗲𝘅𝘁: would this open opportunities or create headwinds for our trade dynamics? #TradePolicy #Tariffs #GlobalEconomy #USPolitics #TradeRelations #Markets #Exports #Imports 𝗜𝗳 𝘆𝗼𝘂 𝗹𝗶𝗸𝗲, 𝗜 𝗰𝗮𝗻 𝗿𝗲𝗳𝗶𝗻𝗲 𝗶𝘁 𝘄𝗶𝘁𝗵 𝗲𝘅𝗮𝗰𝘁 𝗻𝘂𝗺𝗯𝗲𝗿𝘀 𝗮𝗻𝗱 𝗾𝘂𝗼𝘁𝗲𝘀 (𝗳𝗿𝗼𝗺 𝘁𝗵𝗲 𝗳𝘂𝗹𝗹 𝗮𝗿𝘁𝗶𝗰𝗹𝗲) 𝗼𝗻𝗰𝗲 𝘆𝗼𝘂 𝗽𝗿𝗼𝘃𝗶𝗱𝗲 𝘁𝗵𝗲𝗺 —
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