Countries do transactions without USA

After US President Donald Trump has crashed – or at least broken – global trade relationships and supply chains, there have been promising signs of reconstruction in recent days. Indeed, US Treasury Scott’s Treasury said CNBC On Monday, the country is “very close to some transactions”.

On Tuesday, Canadian Prime Minister Mark Karnya met Trump at the White House, potentially dropping bilateral relations that have been strained since January. It is planned to meet with the infant in Switzerland this week for trade negotiations.

But enter the hurricane that is again Trump. “We don’t have to sign deals, they have to sign with us deals. They want a piece of our market. We don’t want their market,” Trump – Note During the meeting with Karni, who are contrary to the requirements of the White House for several weeks, that such transactions are the top priority of the administration. The markets fell after his comments.

The US growing protectionism, in irony, can help other countries establish closer economic ties with each other. UK and India agreed to a bilateral trade agreement This deleted tariffs for most items over the decade. Meanwhile, ASEAN and China must meet May 19 to agree on improving the free trade agreement, According to the Prime Minister of the Malaysian Anva Ibrahim on Monday.

They can be new bridges built after Trump tariffs. But these ties can bypass the US – which, according to Trump, still do not need transactions.

Officials from the US and China for a meeting
US Finance Minister Scott Babe and Trade Representative Jamison Grir Wil meet with your Chinese colleagues This week in Switzerland to discuss economic and trade issues, their offices announced on Tuesday. Later, on that day, the Chinese Foreign Ministry said that the Deputy Prime Minister he Lifeng, Beijing Chief Office on Chinese and US trade issues, will meet with a confusion in Switzerland, NBC NEWS reports.

UK and India reach the trade agreement
A United Kingdom and India reached a bilateral trade agreement On Tuesday, according to which most goods traded between India and the UK will become “fully tariffs for the decade”, according to the British government. India will start incision of tariffs for key UK exporters, such as whiskey and cars, while the UK will remove all tariffs by 99.1% after the agreement comes into force, the Indian government said.

The Central Bank of China facilitates monetary policy
The People’s Bank of China will be reduce the seven -day return ransom rates 10 basic points to 1.4%from 1.5%, reducing the loan rate by about 0.1%, said Governor Mr. Gonggang on the pressbird on Wednesday. The Central Bank will also reduce the reserve requirements for banks by 50 basic points, unleashing the additional liquidity of 1000 billion yuan ($ 138.6 billion).

Second Direct Play Day for American Index
American shares fell on Tuesday After Trump gave a belligerent commentary on trading transactions. A S&P 500 decreased by 0.77% Dow Jones Industrial Medium lost 0.95% and Nasdaq Composite retreated 0.87%. Asia-Pacific markets were celebrated on Wednesday. Hong Kong Hang the Index Jumping up to 2% on the news of PBOC policies before cutting the profit by about 0.6%.

AMD Beetss Reximangeces, warns about the control of the chips
Extended micro -device Tuesday reported income For your first financial quarter Relocated expectations And gave strong recommendations for the current quarter. The forecast includes $ 800 billion from US export limits per artificial intelligence. In the appropriate note, Nvidia Jensen CEO Jensen Juan said on Tuesday that China’s artificial intelligence market is likely to reach about $ 50 billion in the next two years and that the disappearance will be “a huge loss“

India claims to hit Pakistan
India early on Wednesday stated that her armed forces were Pursuing strikes against Pakistan And what he calls, occupied by Pakistan Jamm and Kashmir, focusing on the “terrorist infrastructure”. The operation, which, according to the ministry, was aimed at nine places, “where the terrorist attacks against India were directed,” it follows from the militants last month in the funeral, Jammu and Kashmir, which killed 26 people.

(PRO) US “Non -Good Place to Break”: JPMorgan
The US exception – in which the US economy and the financial market have exceeded the things of other countries from the pandemic – it may become a matter of the past. This time the USA “is not a good place to hide“When global economic growth slows down, JPMorgan Mislav Matejka wrote in a note on Tuesday.