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cover of episode China Confirms Trade Framework; Stocks on Brink of Record Highs

China Confirms Trade Framework; Stocks on Brink of Record Highs

2025/6/27
logo of podcast Bloomberg Daybreak: US Edition

Bloomberg Daybreak: US Edition
AI Deep Dive AI Chapters Transcript
People
A
Adam Schiff
D
Donald Trump
批评CHIPS Act，倡导使用关税而非补贴来促进美国国内芯片制造。
E
Eric Adams
H
Howard Lutnick
J
Jill Desis
J
John Stashower
L
Lindsey Graham
M
Michael Barr
M
Michael McKee
M
Mike Johnson
N
Nathan Hager
伊
伊朗外交部长
Topics
Nathan Hager: 美国正接近与主要贸易伙伴达成贸易协议，其中与中国已确认签署贸易框架协议。这预示着美国在贸易领域取得了积极进展，有望为经济带来稳定和增长的动力。 Howard Lutnick: 作为商务部长，我确认中美已经签署并敲定了贸易协议，虽然还需要中国总理和议会的批准，但总统非常重视并亲自参与推动这些协议的达成。此外，我们还计划在接下来的一周内宣布与一系列其他贸易伙伴的协议，为7月9日的关税安排做好准备。这些协议的达成将为美国带来可观的关税收入，并有助于减少贸易逆差。

Deep Dive

Chapters
China confirmed a trade framework with the US, echoing comments from Commerce Secretary Howard Lutnick. This follows a recent deal between the US and G7 countries to remove a controversial revenge tax, exempting American firms from global minimum tax rates. These developments have positively impacted the stock market.
  • China confirmed a trade framework with the US.
  • The US reached a deal with G7 countries to remove Section 899 tax.
  • US companies are exempted from OECD-brokered 15% global minimum tax rates.
  • Stock market gained due to positive trade developments.

Shownotes Transcript

  1. China said it has further confirmed details of a trade framework with Washington, echoing US Commerce Secretary Howard Lutnick’s earlier comments about a US-China agreement that stabilized ties.2) Stocks gained as the US moved closer to trade deals with China and other major trading partners, while expectations are rising for Federal Reserve interest-rate cuts this year.3) The Treasury Department announced a deal with G-7 allies that will exclude US companies from some taxes imposed by other countries in exchange for removing the Section 899 “revenge tax” proposal from President Donald Trump’s tax bill.

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