The US Federal Reserve, chaired by Jerome Powell, confirmed on Wednesday that it was holding interest rates. Photo: Reuters

US economic outlook and Fed interest rate cut rest on Donald Trump’s meeting with Xi Jinping, analysts say

  • The two world leaders are set to meet at the G20 summit next week in Osaka, Japan next week to discuss the ongoing US-China trade war
  • US Federal Reserve opted to hold interest rates this month, but if the US levies tariffs on US$300 billion of Chinese imports, they could be forced to react
Topic |   US-China trade war: All stories

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The US Federal Reserve, chaired by Jerome Powell, confirmed on Wednesday that it was holding interest rates. Photo: Reuters
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Negotiating teams meeting at the White House in Washington ahead of trade talks in February. Photo: Reuters

China and US negotiating teams scramble to make a plan for Xi Jinping and Donald Trump’s G20 Osaka summit

  • China, US trade teams may meet in Osaka as early as Tuesday, sources say, while top negotiators are set to speak on the phone ahead of the trip
  • Negotiators have not spoken since the talks collapsed in early May but a call between Xi and Trump confirmed the meeting in Japan
Topic |   US-China trade war

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Negotiating teams meeting at the White House in Washington ahead of trade talks in February. Photo: Reuters
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