World PulseNow
Newsletter

Trump says he will cut fentanyl tariff on Chinese goods and expects ‘great deal’ with Xi – business live

The Guardian•Wednesday, October 29, 2025 at 8:42:03 AM
PositiveFinancial Markets
Trump says he will cut fentanyl tariff on Chinese goods and expects ‘great deal’ with Xi – business live
In a positive turn for international trade, Donald Trump announced plans to cut tariffs on fentanyl-related goods from China, expressing optimism about a potential 'great deal' with Chinese leader Xi Jinping. This news has sparked a rally in Asian stock markets, reflecting investor confidence. Notably, shares of Nvidia surged after Trump praised the company's new Blackwell AI processors, which were recently showcased by CEO Jensen Huang. This development is significant as it highlights the ongoing dialogue between the US and China, potentially easing trade tensions and benefiting the tech sector.
— Curated by the World Pulse Now AI Editorial System
Read Original

Was this article worth reading? Share it

Recommended Readings
Mega-cap tech earnings; Fed decision; Trump in South Korea - what’s moving markets
Investing.coman hour ago
Mega-cap tech earnings; Fed decision; Trump in South Korea - what’s moving markets
NeutralFinancial Markets
This week, the financial markets are reacting to several key events, including earnings reports from major tech companies and the Federal Reserve's latest decision on interest rates. These developments are crucial as they can influence investor sentiment and market trends. Additionally, former President Trump is making headlines with his visit to South Korea, which could have implications for international relations and trade. Keeping an eye on these factors is essential for understanding the current economic landscape.
Read full article
via Investing.com
Nvidia nears historic $5 trillion valuation in fresh AI-fueled rally
Investing.coman hour ago
Nvidia nears historic $5 trillion valuation in fresh AI-fueled rally
PositiveFinancial Markets
Nvidia is on the brink of achieving a historic $5 trillion valuation, driven by a surge in interest and investment in artificial intelligence. This milestone is significant not only for Nvidia but also for the tech industry as a whole, as it reflects the growing importance of AI technologies in shaping the future of various sectors. Investors are optimistic about Nvidia's potential to lead in AI innovation, making this rally a pivotal moment in the market.
Read full article
via Investing.com
Trump says he may speak to China’s Xi about Nvidia’s ’super-duper’ Blackwell chip
Investing.com2 hours ago
Trump says he may speak to China’s Xi about Nvidia’s ’super-duper’ Blackwell chip
NeutralFinancial Markets
Former President Donald Trump has indicated that he might have a conversation with China's President Xi Jinping regarding Nvidia's latest 'super-duper' Blackwell chip. This potential dialogue highlights the ongoing technological competition between the U.S. and China, particularly in the semiconductor industry, which is crucial for advancements in various sectors including AI and computing. Such discussions could impact international relations and trade policies, making it a significant topic for both countries.
Read full article
via Investing.com
Trump Expects to Sign China Trade Deal at Xi Summit
The Wall Street Journal3 hours ago
Trump Expects to Sign China Trade Deal at Xi Summit
PositiveFinancial Markets
Former President Trump is optimistic about signing a trade deal with China during the upcoming summit with President Xi. This meeting is crucial as it will address various important issues, including the export of chemicals linked to fentanyl production. The outcome could significantly impact U.S.-China relations and global trade dynamics.
Read full article
via The Wall Street Journal
Trump again targets Fed’s Powell on interest rate cuts
Investing.com3 hours ago
Trump again targets Fed’s Powell on interest rate cuts
NegativeFinancial Markets
Former President Donald Trump has once again criticized Federal Reserve Chair Jerome Powell, urging for interest rate cuts to stimulate the economy. Trump's comments come amid ongoing concerns about inflation and economic growth, highlighting the tension between political leaders and central bank policies. This matters because interest rates significantly influence borrowing costs, consumer spending, and overall economic health, making the Fed's decisions crucial for the financial landscape.
Read full article
via Investing.com
China buys US soybean cargoes ahead of Trump-Xi meet, sources say
Investing.com3 hours ago
China buys US soybean cargoes ahead of Trump-Xi meet, sources say
PositiveFinancial Markets
In a significant move ahead of the upcoming meeting between President Trump and President Xi, China has purchased a substantial amount of US soybean cargoes. This development is seen as a positive step towards easing trade tensions between the two nations, highlighting a potential thaw in relations that could benefit both economies. The soybean trade is crucial for American farmers and could signal a willingness from China to engage in more constructive dialogue.
Read full article
via Investing.com
Trump Acknowledges It’s ‘Pretty Clear’ He’s ‘Not Allowed To Run’ For Third Term
Forbes3 hours ago
Trump Acknowledges It’s ‘Pretty Clear’ He’s ‘Not Allowed To Run’ For Third Term
NeutralFinancial Markets
Donald Trump has openly recognized that the Constitution's 22nd Amendment prevents him from running for a third presidential term. This acknowledgment comes amidst his ongoing discussions about a potential run in 2028. Understanding these constitutional limits is crucial as it shapes the political landscape and informs voters about the candidates eligible for future elections.
Read full article
via Forbes
Trump-Xi Meeting: Fentanyl, Nvidia On Agenda | The China Show 10/29/2025
Bloomberg3 hours ago
Trump-Xi Meeting: Fentanyl, Nvidia On Agenda | The China Show 10/29/2025
NeutralFinancial Markets
The upcoming meeting between Trump and Xi is set to address critical issues such as fentanyl trafficking and the role of Nvidia in the tech landscape. This meeting is significant as it highlights the ongoing dialogue between the U.S. and China, two major global powers, and their efforts to tackle pressing challenges that affect both nations and the world economy.
Read full article
via Bloomberg
Latest from Financial Markets
Primary Health Properties merger with Assura gets UK CMA clearance
Investing.coman hour ago
Primary Health Properties merger with Assura gets UK CMA clearance
PositiveFinancial Markets
The UK Competition and Markets Authority has cleared the merger between Primary Health Properties and Assura, marking a significant step forward in the healthcare sector. This merger is expected to enhance the provision of primary care facilities across the UK, ultimately benefiting patients and healthcare providers alike. With the CMA's approval, both companies can now focus on integrating their operations and improving healthcare access.
Read full article
via Investing.com
Next continues to profit after M&S cyber-attack
BBC Newsan hour ago
Next continues to profit after M&S cyber-attack
PositiveFinancial Markets
Next is on track to report a pre-tax profit exceeding £1.1 billion by the end of January 2026, despite the recent cyber-attack on M&S. This is significant as it highlights Next's resilience and ability to thrive in challenging circumstances, showcasing strong business performance that could inspire confidence among investors and stakeholders.
Read full article
via BBC News
Copper hits record high on supply fears
Financial Timesan hour ago
Copper hits record high on supply fears
PositiveFinancial Markets
Copper prices have soared to record highs, driven by concerns over supply disruptions and the impact of tariffs imposed by Donald Trump. This surge is significant as it reflects the ongoing challenges in the production sector, which could affect various industries reliant on copper. Investors are closely monitoring these developments, as they could signal broader economic implications.
Read full article
via Financial Times
Australian Treasurer Sounds Investor Alert as Global Risks Mount
Bloombergan hour ago
Australian Treasurer Sounds Investor Alert as Global Risks Mount
NegativeFinancial Markets
Australian Treasurer Jim Chalmers has raised concerns about the nervousness among global investors as uncertainty looms over the world economy. He highlighted that capital flows are becoming increasingly unstable, prompting fears that the economy may face significant challenges ahead. This matters because it reflects broader economic trends that could impact investment decisions and financial markets worldwide.
Read full article
via Bloomberg
Mega-cap tech earnings; Fed decision; Trump in South Korea - what’s moving markets
Investing.coman hour ago
Mega-cap tech earnings; Fed decision; Trump in South Korea - what’s moving markets
NeutralFinancial Markets
This week, the financial markets are reacting to several key events, including earnings reports from major tech companies and the Federal Reserve's latest decision on interest rates. These developments are crucial as they can influence investor sentiment and market trends. Additionally, former President Trump is making headlines with his visit to South Korea, which could have implications for international relations and trade. Keeping an eye on these factors is essential for understanding the current economic landscape.
Read full article
via Investing.com
Trump says he will cut fentanyl tariff on Chinese goods and expects ‘great deal’ with Xi – business live
The Guardianan hour ago
Trump says he will cut fentanyl tariff on Chinese goods and expects ‘great deal’ with Xi – business live
PositiveFinancial Markets
In a positive turn for international trade, Donald Trump announced plans to cut tariffs on fentanyl-related goods from China, expressing optimism about a potential 'great deal' with Chinese leader Xi Jinping. This news has sparked a rally in Asian stock markets, reflecting investor confidence. Notably, shares of Nvidia surged after Trump praised the company's new Blackwell AI processors, which were recently showcased by CEO Jensen Huang. This development is significant as it highlights the ongoing dialogue between the US and China, potentially easing trade tensions and benefiting the tech sector.
Read full article
via The Guardian