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cover of episode US and China Strike Framework to Ease Trade Tensions

US and China Strike Framework to Ease Trade Tensions

2025/6/11
logo of podcast Bloomberg Daybreak: Asia Edition

Bloomberg Daybreak: Asia Edition
AI Deep Dive AI Chapters Transcript
People
D
Doug Krisner
G
George Schultze
H
Howard Lutnick
M
Matthew Michelini
Topics
Doug Krisner: 美中原则上已就缓和贸易战的框架达成一致，市场对此反应较为平静，可能因为协议仅是重申之前的承诺。市场更期待更大规模的贸易协议。 Howard Lutnick: 美中两国已达成初步协议，将在两国总统批准后开始实施。如果稀土和磁铁许可证问题得到解决，出口管制可能会放松。 George Schultze: 目前的消息是双方同意遵守之前的日内瓦协议，市场更期待一个更大的贸易协议来解决所有未决问题。目前的协议可能只是一个同意的协议，而不是违反之前的协议条款。之前中国基本上开放允许稀土矿物出口到美国，以换取美国的一些让步，从而缓解了已经开始的大规模关税战。双方都在谈判是好事，双方都同意达成协议也是好事，接下来很可能会达成更广泛的贸易协议。随着全球贸易战的缓和，投资者对承担更多风险感到兴奋。与关税战相关的最糟糕的贸易恐惧已经过去，未来将会有更多的协议宣布和更多的进展。美联储也将松一口气，因为贸易战一直是货币政策上的阴影。如果贸易战缓和，通货膨胀的路径很可能是下降的，这可能会降低美联储降息的紧迫性。

Deep Dive

Chapters
This chapter analyzes initial reactions to the US-China framework for de-escalating trade tensions. Experts discuss whether this framework signifies a larger trade deal, its potential impact on markets and global economy, and the implications for rare earth minerals and magnets exports.
  • US and China agreed to a framework for de-escalating trade tensions.
  • The agreement focuses on implementing the Geneva Accord.
  • Markets anticipate a larger trade deal resolving tariff issues.
  • Export controls could decrease if rare earths and magnet licenses are resolved.

Shownotes Transcript

The US and China de-escalated trade tensions, agreeing to a preliminary deal on how to implement the consensus the two sides reached in Geneva, negotiators for both sides said. While the full details of their accord weren't immediately available, US negotiators said they "absolutely expect" that issues around shipments of rare earth minerals and magnets will be resolved with the framework implementation. We get reaction from George Schultze, Founder and CEO at Schultze Wealth Management.

Financial markets were closely watching whether the world's largest economies can find a way to tamp down trade tensions that economists say have tipped the world economy into a downturn, with the US among the hardest hit. Despite the modest moves Wednesday, global stocks are still at a record high, having recovered from their April lows as President Donald Trump suspended his tariffs until July 9th. For more, we hear from Matthew Michelini, Partner and Head of Asia-Pacific at Apollo Global Management. He speaks with Bloomberg's Yvonne Man at the Bloomberg Invest Summit in Hong Kong.

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