President Donald Trump said in a late-night social media post that Chinese leader Xi Jinping was very tough to make a deal with, raising questions about whether a fragile economic truce between the world’s two largest economies will hold.
China and the US are at odds on a number of issues, and have yet to confirm plans for a leader-to-leader call the White House has said it expects will happen later this week.
“I like President XI of China, always have, and always will, but he is VERY TOUGH, AND EXTREMELY HARD TO MAKE A DEAL WITH!!!” Trump posted on Truth Social at around 2:17 a.m. Washington time.
The Opening Trade has everything you need to know as markets open across Europe. With analysis you won’t find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Anna Edwards and Lizzy Burden.
Chapters:
00:00:00 – The Opening Trade
00:02:22 – Tariffs: Trump Signs Steel, Aluminum Order
00:06:14 – Dutch Government Collapses
00:08:50 – South Korea Election: Lee Jae-Myung
00:09:40 – Volkswagen Workers Leaving
00:10:11 – Merz €46B Tax Break: FT
00:11:52 – SuperReturn in Berlin, Private Capital
00:14:35 – Apollo Global Management’s Jim Zelter
00:25:01 – Fed Pricing Cuts
00:39:07 – Trump, Xi Truth Social Post
00:47:06 – Stocks to Watch: Airbus, Remy Cointreau, Steel Industry
01:02:16 – China Mega Airbus Order
01:21:14 – BC Partners Stathopoulos on Tariffs
01:28:06 – Europ’s LFP Gigafactory
01:30:19 – Morrow Batteries CEO
01:33:53 – MSCI World Index to Record High
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