US and China just dropped a $60B trade deal—30 billion each side cutting tariffs.
China's covering 1,619 categories of US goods. US side? Just 77 categories of Chinese products. That's a pretty lopsided list.
China also locked in to buy at least 10 million metric tonnes of US coal in 2027-2028. Coal's back on the menu.
Markets love de-escalation headlines, but the real test is implementation. We've seen big announcements before that fizzled. Watch how this actually plays out in trade flows and whether it sticks beyond the press release.
For now, exporters and commodity plays are probably pricing in some optimism.
China's covering 1,619 categories of US goods. US side? Just 77 categories of Chinese products. That's a pretty lopsided list.
China also locked in to buy at least 10 million metric tonnes of US coal in 2027-2028. Coal's back on the menu.
Markets love de-escalation headlines, but the real test is implementation. We've seen big announcements before that fizzled. Watch how this actually plays out in trade flows and whether it sticks beyond the press release.
For now, exporters and commodity plays are probably pricing in some optimism.