Security conditions in pact agreed by Trump and Starmer seen as targeting Beijing
Chinese president offers greater co-operation with Latin American countries
Investors buy a record amount of Japanese equities and bonds during April
Lower China tariffs are great news, up to a point
Global markets advanced yesterday after the world’s two biggest economies reduce punitive levies
Deal stokes optimism among investors that Donald Trump will de-escalate trade war
Also in this newsletter: a good monsoon raises hopes for the economy, and Aalok Shah’s mantra
Secret meeting in IMF basement paved way for tariff deal seen on both sides as a victory
Equities, dollar and oil advance after world’s biggest economies reduce punitive levies
Deal to reduce duties for next 90 days marks first sign of tension easing between the two economic superpowers
Uncertainty around Trump’s trade war has not gone away
Innovation has stalled in a globalised era dominated by state-sponsored national champions
Beijing and London’s pacts with US create exceedingly uncertain future
Call for US-made goods seems to boost demand but trade deals may undercut pricing
Markets rise and gold weakens as American and Chinese officials seek to de-escalate tensions
Beijing’s aggressive pursuit of energy self-sufficiency could give it the upper hand in the trade war with the US
Domestic demand is rising fast and international cloud providers are looking to expand footprints
Beijing’s self-reliance drive accelerates as groups seek out local suppliers in response to tariffs
Colombian plan to join Beijing’s Belt and Road Initiative triggers threat from Washington
Meeting between He Lifeng and Scott Bessent comes a day after Donald Trump said he was open to cutting tariffs
The really big risks to the dollar remain US geopolitical and policy errors
US president suggests reduction to 80% as Beijing announces increase in global exports
US president stakes out position as Treasury secretary heads to Geneva for negotiations
Diplomats say pact’s provisions on strategic sectors is template for Washington
Vice-premier with close links to leader seen as ‘more difficult interlocutor’ for Washington
