THREAD: us china trade war pause...

US-CHINA TRADE Showdown: High-Stakes Talks Spark Hope and Fear

09 June 2025 — American and Chinese officials met for more than six hours Monday at Lancaster House in London. The focus was on trade and export controls, with both sides set to return Tuesday morning. President Trump said, “We are doing well with China,” sharing only positive news from his team.

Treasury Secretary Scott Bessent led the U.S. group, joined by Commerce Secretary Howard Lutnick and Trade Representative Jamieson Greer. Lutnick’s involvement shows that export controls — especially on microchips needed for AI — are a main topic in these talks.

Bessent called it a “good meeting” as he left, giving reporters a thumbs up. Lutnick described the talks as “fruitful.”

Chinese Vice Premier He Lifeng led China’s side but did not speak to reporters after leaving the session. Both countries remain tight-lipped about details, keeping Americans guessing about what comes next in this tense standoff.

US-CHINA TRADE Truce Ignites Hope, But Record Deficit Stings Americans

14 May 2025 — The U.S. and China have agreed to a 90-day trade truce, cutting tariffs on each other’s goods. U.S. tariffs on Chinese imports dropped from 145% to 30%. China lowered its own tariffs from 125% down to just 10%. This deal sparked a rally in Asian markets, with Japan’s Nikkei jumping nearly 2%. Car makers like Toyota and Suzuki also saw big gains.

But the good news comes with a warning sign. The U.S. Treasury revealed the trade deficit has hit a record $1.2 trillion. Treasury Secretary Scott Bessent claims “substantial progress” in talks with China but didn’t share many details. Lawmakers and global partners are worried about how this growing deficit could hurt American jobs and businesses.

Western car companies are trying new ways to stay competitive as sales drop in China. Volkswagen is teaming up with Ecarx, a Chinese tech company that builds smart car systems. Mercedes-Benz will use Chinese-made sensors for its vehicles around the world.

Meanwhile, Ford put its financial plans on hold because of uncertainty over President Trump’s tariffs — which could cost them $1.5 billion this year alone. In Japan, regulators plan to give crypto assets legal status as financial products by changing laws next year.

TRUMP’S Trade WAR Truce Sparks Surge in Asian Markets

13 May 2025 — Asian stocks soared Tuesday after the U.S. and China agreed to a 90-day pause in their trade war. Both nations announced big tariff cuts. U.S. tariffs on Chinese goods dropped from as high as 145% to 30%. China lowered its tariffs on American products from 125% to just 10%.

This truce gives both sides more time for talks after meeting in Geneva. Experts say the deal was better than expected and calmed investors, but warn President Trump could still change course if needed.

Japan’s Nikkei index jumped nearly 2%. Automakers like Toyota and Suzuki led the gains, while Nissan shares rose too after news about major layoffs tied to restructuring.

South Korea’s Kospi index edged up by 0.2%. Investors are still careful about long-term risks, but for now, markets are responding with relief and optimism.

US-CHINA TRADE WAR Pause Stuns Markets, Sparks Hope and Fear

12 May 2025 — The United States and China agreed to a 90-day pause on tariffs. This move gives American businesses that depend on Chinese goods a break, but many are unsure how long this peace will last. Experts say the main trade problems are still not solved.

In other news, former President Trump’s plan to use a Qatari luxury jet instead of Air Force One is facing backlash. Critics raise concerns about security and possible foreign influence. At the same time, his administration allowed 59 white South Africans to enter as refugees, which caused debate since most refugee resettlements were on hold.

McDonald’s plans to hire 375,000 US workers this summer. This shows strong demand from customers and positive signs for the job market. Meanwhile, House Republicans want $5 billion for private school vouchers — keeping school choice in the spotlight.

Tourism leaders worry about slower revenue as economic worries grow. On a brighter note, new steps against invasive carp could help protect the $7 billion Great Lakes fishing industry from more damage.

TRUMP’S Tarif Pause: A 90-Day Relief or Just a Temporary Truce?

11 April 2025 — Trump’s decision to pause tariffs for 90 days on April 9, 2025, sparked a market surge and mixed reactions from business leaders. Many CEOs felt relieved, but China’s retaliatory 125% levy complicates the situation. Companies like Micron are adding surcharges, and retailers warn of possible price hikes by summer 2025.

For business leaders, the tariff pause offers temporary relief but doesn’t resolve ongoing tensions with China that keep global supply chains shaky. Jamie Dimon of JPMorgan called the tariffs a “self-inflicted wound,” showing how complex this issue is. While some pressure eases, a baseline duty of 10% stays in place with threats looming after this period ends.

Wall Street reacted positively to Trump’s announcement, but business leaders are split between cautious optimism and frustration over future uncertainties. The question remains whether this is a genuine truce or just a temporary timeout in an ongoing trade conflict with China. As companies face these challenges, they hope for more stable trade policies ahead.