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The Latest Breaking News from Jamieson Greer

The rise and fall of globalisation: why the world’s next financial meltdown could be much worse with the US on the sidelines

This is the second in a two-part series. Read part one here.

The Conversation

US and China agree ‘framework’ for trade deal ahead of Xi-Trump meeting

US treasury secretary anticipates tariff truce with China will be extended, and that China will revive substantial purchases of US soybeans

The Guardian - UK

US-China Trade Talks Signal Possible Trump-Xi Face-To-Face As Rare Earths Export Controls, 100% Tariff Threats Loom

U.S.-China trade discussions in Kuala Lumpur are raising hopes of a direct meeting between President Donald Trump and President Xi Jinping as both sides seek to ease escalating economic tensions.

Benzinga

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US Treasury Chief: Beijing's Rare Earths Move Is 'China Vs World'

US Treasury Secretary Scott Bessent slammed Beijing's rare earth export curbs Wednesday as "China versus the world," vowing that Washington and its allies would "neither be commanded nor controlled."

International Business Times

Bitcoin Rebounds To $113,000, Dogecoin Recovers To 20 Cents But Ethereum, XRP Slide Over 2%

Bitcoin is back $113,000 after U.S. trade representative Jamieson Greer signaled president Trump may still meet China’s president Xi later this month.

Benzinga

Trade minister could get a big shot at US tariff shift

The trade minister hopes to meet US counterpart Jamieson Greer in what could provide a major opportunity at securing Australian tariff relief.

AAP

South African trade officials in Washington for tariff talks and efforts to ease tensions

South African trade officials have held talks with their U.S. counterparts in Washington as Africa’s largest economy looks to repair strained relations and negotiate the lifting of heavy tariffs imposed by the United States

The Independent UK

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Yes, the Trump administration is now friends with TikTok and is finalizing a buyout

TikTok may finally be safe, but at what cost?

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US and China reach deal to transfer TikTok ownership, trade officials say

Framework deal is breakthrough in long-running dispute over app’s ownership amid security concerns in Washington

The Guardian - US

Trump says he is ready for major sanctions on Moscow – when Nato gives up Russian oil

US president says he believes Russia-Ukraine war would end if all Nato countries stopped ‘shocking’ buying of oil from Moscow

The Independent UK

Swiss Minister Eyes 'Opportunity' After US Tariff Talks

Switzerland's vice president said Saturday he had had "constructive meetings" with senior US officials as the country tries to navigate the massive import tariffs imposed by US President Donald Trump.

International Business Times

Australia eyes chance to strike deal on Trump's tariffs

Australia will push for exemptions from US trade tariffs when world leaders meet at a global summit.

AAP

Swiss President Rushes To US To Avert Steep Tariffs

Switzerland's president and economy minister were due to fly to Washington on Tuesday in a last-minute push to stop steep new tariffs that have blindsided the Alpine country.

International Business Times

‘He’s elected to take appropriate action’: Trump official drops bombshell justification for controversial Brazil move

Brazil gets the Trump treatment.

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The Guardian - US

Texas Democratic lawmakers rally outside Governor’s Mansion to protest redistricting of maps – as it happened

This liveblog is now closed.

Barchart

Stocks Set to Open Higher as Investors Bet on Fed Rate Cuts

September S&P 500 E-Mini futures (ESU25) are up +0.64%, and September Nasdaq 100 E-Mini futures (NQU25) are up +0.77% this morning, pointing to a higher open on Wall Street as investors placed their hopes on the Federal Reserve to step in with interest rate cuts following Friday’s weak U.S. payrolls…

Al Jazeera

White House advisers defend Trump’s firing of official behind jobs data

Trump administration officials question data amid condemnation of dismissal of Bureau of Labor Statistics head.

The Guardian - US

Trump news at a glance: president lashes out at Schumer as officials defend his economic policies

Trump angry over confirmations delay; administration suffers bruising week of poor economic, trade and employment numbers – key US politics stories from Sunday 3 August at a glance

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The Guardian - US

White House officials rush to defend Trump after shaky economic week

US trade representative says ‘the president is the president’ after firing of labor statistics chief amid slow job growth

International Business Times

US Trade Advisor Says Trump Tariff Rates Unlikely To Change

New US tariff rates are "pretty much set" with little immediate room for negotiation, Donald Trump's trade advisor said in remarks aired Sunday, also defending the president's politically driven levies against Brazil.

The Independent UK

Donald Trump says ‘friend’ India will be hit with 25% tariff plus penalties over its ties to Russia

New Delhi and Washington are due to resume negotiations over a trade deal next month

Euronews

US and China prepare to extend tariff pause after Stockholm talks

US Treasury Secretary Scott Bessent says President Trump must approve the pause before it can go ahead.

The Guardian - UK

US and China poised to extend tariff truce after failing to find resolution at talks

Trump will need to approve pause, say US representatives after negotiations end with sides failing to break deadlock on trade terms

Euronews

US and China push for breakthrough in Sweden as tariff talks enter day two

Representatives of the world’s two largest economies meet in Sweden as the expiration date for a 90‑day pause on tariffs draws near.

The Independent UK

Top Chinese, US trade officials huddle in Sweden for second day of thorny talks over tariffs

Chinese and U.S. trade officials were heading into a second day of meetings in the Swedish capital Tuesday to try to break a logjam over tariffs that have skewed the pivotal commercial ties between the world’s two largest economies

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