Investing.com - Futures linked to Canada’s main stock exchange edged higher on Monday, as investors awaited renewed trade talks between the U.S. and China in London. Elsewhere, Beijing signaled that it would be open to fostering improved relations with Canada after Prime Minister Mark Carney spoke with Chinese Premier Li Qiang late last week. By 06:42 ET (10:42 GMT), the S&P/TSX 60 index standard futures contract had risen by 2 points, or 0.2%. Toronto Stock Exchange’s S&P/TSX composite index rose by 86.84 points, or 0.3%, on Friday, touching a fresh record high. The average rose by almost 1% for the week. Underpinning sentiment were Canadian and U.S. job market data points which suggested that the labor market in both of the North American economies was slowing at a steady enough pace to avoid a potential recession. Optimism around the prospect of today’s talks between U.S. and Chinese officials also pushed up oil prices, bolstering the Canadian index. U.S. stock futures muted U.S. stock index futures were little changed Monday amid caution ahead of renewed trade talks between Washington and Beijing, as well as key inflation data later in the week. At 04:45 ET, Dow Jones Futures rose 13 points, or 0.1%, S&P 500 Futures traded largely unchanged, while Nasdaq 100 Futures slipped 24 points, or 0.1%. The main averages on Wall Street ended higher on Friday, fueled by a stronger-than-anticipated U.S. labor market reading for May, and President Donald Trump’s announcement of today’s meeting between U.S. and Chinese officials in London. At the close of trading, the broad-based S&P 500 stood at above the 6,000 for the first time since February 21. Risk appetite has been rattled by signs of steadily increasing civil unrest in Los Angeles, after the national guard was deployed over the weekend to quell widespread protests against President Donald Trump’s immigration policies. U.S.-China trade talks Top White House officials are meeting their Chinese counterparts in London, in an attempt to reach an agreement and resolve a bitter trade dispute between the world’s biggest economies. U.S. Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick and Trade Representative Jamieson Greer will meet with top-level Chinese officials, Trump said last week. China’s foreign ministry confirmed over the weekend that vice premier and top trade negotiator He Lifeng will be in the U.K. this week, and that trade talks with Washington will take place. Both sides have been at odds over Trump’s threat of elevated tariffs and the supply of rare earth minerals from China, despite a preliminary agreement reached in Geneva last month that included a temporary pause and lowering of punishing tit-for-tat levies. Trump’s so-called "reciprocal" duties on China are now on hold until August 12. Data released earlier Monday showed that China’s export growth decelerated to a three-month low in May as the country grappled with U.S. tariffs that weighed on shipments. The focus this week will also be on key consumer price index inflation data, due Wednesday, for more cues on the world’s biggest economy. The print is expected to show inflation picking up slightly in May amid higher electricity prices and trade tariffs, with the annual figure seen rising to 2.5% from 2.3% the prior month. Investors are looking to more U.S. economic readings to gauge the impact of Trump’s policies on growth, especially the uncertainty surrounding trade policies. Gold steadies Gold prices ticked slightly higher, as risk appetite improved in anticipation over the high-level U.S.-China trade talks. Bullion was sitting on strong gains from last week, as a mix of U.S. economic uncertainty and a soft dollar kept traders largely biased towards havens. While stronger than expected nonfarm payrolls data did slightly offset this trend, gold remained strong and about $200 away from record highs. Crude retains recent strong tone Oil prices steadied Monday, retaining most of last week’s gains as traders watched for news from the U.S.-China trade talks in London. The prospect of a U.S.-China trade deal has boosted some investors’ risk appetite and supported oil prices amid hopes a deal will boost economic growth and thus demand for energy.

Trump Tariffs Live Updates: U.S. Stock Market Rally Fades as China Trade Tensions Intensify  The New York Times

* Stock Market Today: Dow Falls; China Says U.S. Has 'Seriously Undermined' Trade Truce — Live Updates  WSJ * Stock Market Today: Dow Falls As Bessent Makes This Debt Pledge; Steel Stocks Pop On Trump Tariff Move (Live Coverage)  Investor's Business Daily * Stock Market Today: Dow down 170 points, S&P 500 slightly lower on rising U.S.-China trade tensions; oil surges  MarketWatch

In a surprising reversal of the United States’ years-long technology restrictions on China, President Donald Trump last month allowed Nvidia to resume sales of a key AI chip designed specifically for the Chinese market.

European stocks to open lower as global market optimism over U.S.-China trade progress fades  CNBC

Investing.com -- The United States and China have confirmed the details of a trade agreement initially reached earlier this month in London, which will implement the Geneva consensus, according to a statement from China’s Ministry of Commerce released Friday afternoon. A ministry spokesperson said China will review and approve export applications for items subject to export control rules, while the U.S. will cancel a range of existing restrictive measures imposed on China. The statement came shortly after U.S. President Donald Trump said at a White House event on Thursday that both sides had signed a trade deal, without providing further details. U.S. Commerce Secretary Howard Lutnick told Bloomberg Television on Thursday that “that deal was signed and sealed two days ago,” though he did not elaborate on the terms. Lutnick also reiterated that the U.S. is close to finalizing a trade deal with India. The trade understanding will include provisions for China to supply rare earth materials to the United States, while the U.S. will lift restrictions on ethane exports to China. Trump initially announced the deal on June 11th, posting on Truth Social, "Our deal with China is done, subject to final approval with President Xi and me. Full magnets, and any necessary rare earths, will be supplied, up front, by China. Likewise, we will provide to China what was agreed to... We are getting a total of 55% tariffs, China is getting 10%," the President said. The finalization of this trade agreement comes as both nations continue to navigate their complex economic relationship, which has fluctuated amid a shifting trade landscape. (Luke Juricic contributed to this report.)

Trump Suggests U.S.-China Trade Deal Could Happen in Weeks, Remains Firm on Tariffs President Donald Trump indicated on Thursday that

Read about "Well Here's Another Nice Mess You Got Us Into"

<p>BEIJING - China has begun to loosen its grip on rare earth exports, a move that could ease global supply chain tensions but falls short of resolving the ongoing trade dispute with the United States...

China says the US has “severely violated” their trade truce and that it will take strong measures to defend its interests. China’s Ministry of Commerce said Washington has “seriously undermined” the agreement reached during talks in Geneva last month, when both countries lowered tariffs on goods imported from each other. The spokesperson added that US actions have also severely violated the consensus reached during a phone call in January between China’s leader Xi Jinping and President Donald Trump. The comments come after Trump on Friday that China had “totally violated its agreement with us”. The US President did not give details but Trade Representative Jamieson Greer later said China had not been removing non-tariff barriers as agreed under the deal. Under the trade truce struck in May at a meeting in Geneva, the US lowered tariffs imposed on goods from China from 145% to 30%. China’s retaliatory tariffs on US goods dropped from 125% to 10%. On Monday, Beijing said US violations of the agreement included stopping sales of computer chip design software to Chinese companies, warning against using chips made by Chinese tech giant Huawei, and cancelling visas for Chinese students. The deal reached in Geneva came as a surprise to many analysts as it seemed that the two sides were incredibly far apart on many trade issues. This showed that during face-to-face talks Washington and Beijing can reach agreements. But as the rhetoric is once again ratcheting up, the fragility of the current truce has been highlighted and gives an indication of just how challenging it may be to reach a longer-term trade deal. Although the fresh accusations may suggest that talks between Washington and Beijing are not going well, two top White House officials suggested on Sunday that Trump and Xi could hold talks soon. Treasury Secretary Bessent told CBS News, the BBC’s US news partner, that details of the trade will be “ironed out” once Xi and Trump speak, but he did not say exactly when that conversation is expected to happen. National Economic Council Director Kevin Hassett told ABC News that the two leaders are expected to talk this week and “both sides have expressed a willingness to talk”. “The bottom line is that we’ve got to be ready in case things don’t happen the way we want,” Hassett said of the expected talks. But the Chinese side prefers agreements to be done at a lower level first before they reach the desk of the president. Last week, Trump announced the US would double its current tariffs on steel and aluminium from 25% to 50%, starting on Wednesday. Speaking at a rally in Pittsburgh, Pennsylvania on Friday, Trump said the move would help boost the local steel industry and national supply, while reducing reliance on China. – BBC The post China says US has ‘severely violated’ tariffs truce appeared first on The Namibian.

Asian Stock Markets Rise on Hopes of Easing U.S.-China Tensions  WSJ

From Mortgage-Backed Securities to Real Estate Investments-Unpacking the Economic Domino Effect How China’s Financial Leverage Threatens the U.S. Housing Market The U.S. housing market, already strained by soaring prices and rising mortgage rates, faces a hidden geopolitical risk: China’s $1.32 trillion stake in mortgage-backed securities (MBS) and residential real estate. If geopolitical tensions escalate, China’s potential sell-off of these assets could trigger a chain reaction, destabilizing one of America’s most critical economic sectors.

Jensen Huang, the CEO of Nvidia, visited Beijing this month. His visit came during a time when U.S. rules are affecting the sale of Nvidia’s advanced AI chips

Stock Market News, July 29, 2025: China, U.S. Discuss Extending Trade Truce  The Wall Street Journal

BEIJING (Reuters) - China’s Vice Premier He Lifeng expressed "solemn concerns" over U.S. tariffs and planned "reciprocal" duties in a video call with U.S. top trade chief Jamieson Greer on Wednesday, Chinese state media Xinhua news agency reported. The two men had a "candid and in-depth" exchange of views on key economic and trade issues, and agreed to maintain communications, Xinhua said. The call came as U.S. President Donald Trump prepares to impose reciprocal tariffs next week, potentially slapping more duties on Chinese goods. Trump imposed 20% levies on all Chinese imports since taking office in January, accusing Beijing of not doing enough to stem the outflow of chemical precursors used to produce the deadly drug fentanyl. China retaliated by imposing targeted tariffs of up to 15% on some U.S. goods ranging from oil and liquefied natural gas to agricultural products. The tit-for-tat measures added new strains to relations between the two major powers that have already sunk to historic lows in recent years due to issues ranging from trade and technology curbs to Taiwan.

Stock Market Today: China, U.S. Discuss Extending Trade Truce  The Wall Street Journal