Who needs a trade deal more, US or China? US is on its 'back foot'
US Treasury Secretary Scott Bessent will be meeting with Chinese officials over the weekend to discuss a potential trade deal between the two world powers. This comes after the Trump administration announced a deal with the United Kingdom at a White House press conference on Thursday. SIGNUM Global Advisors founder and chairman Charles Myers goes into detail about the expectations for the China negotiations in the wake of the UK trade deal and subsequent US market US stocks (^DJI, ^IXIC, ^GSPC) reactions akin to the April 2 "Liberation Day" tariffs. Also, catch Yahoo Finance'sfull interview with Pangaea Policy Founder Terry Haines, who likened the upcoming US-China trade talks to a "touch gloves moment." To watch more expert insights and analysis on the latest market action, check out more Morning Brief here.
