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U.S. Nears Trade Deal Deadline as Stock Markets React to China Tensions
U.S. Nears Trade Deal Deadline as Stock Markets React to China Tensions
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The U.S. Treasury is racing to finalize multiple trade agreements before the July 9 deadline, Deputy Secretary Faulkender told CNBC. Despite initial ambitions for 90 deals in 90 days, only a UK pact has been sealed. Markets remain wary as tariff threats loom.
Equities dipped Monday amid escalating U.S.-China trade friction. The unresolved negotiations cast uncertainty across global markets, though cryptocurrency assets showed muted reaction to the macroeconomic tensions.
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