Markets cheered the resumption of negotiations between Washington and Beijing. Still, many doubt the two sides can reach a deal anytime soon. Source: NYT > Business – Alexandra Stevenson
The U.S. and China Are Talking Trade Again. But They’re Still Far Apart.
As the United States eased restrictions on China, President Trump faced questions over whether he was giving up too much in return for vague promises. Source: NYT > Business – Alan Rappeport and Keith Bradsher
E.U. Signs Trade Deal With Vietnam
The deal underscores the European Union’s commitment to free trade in the face of rising trade tensions and protectionism around the world. Source: NYT > Business – Milan Schreuer
The Week in Business: Wayfair Employees Want No Part in Migrant Detention Centers
Plus, Apple loses its visionary designer, and Democrats debate how to fix the economy. Source: NYT > Business – Charlotte Cowles
OPEC and Russia Seek to Support the Price of Oil
Oil ministers meeting this coming week are expected to continue an agreement to reduce production. Source: NYT > Business – Stanley Reed
A China-U.S. Trade Truce Could Enshrine a Global Economic Shift
Though details are scarce, any peace that leaves higher American tariffs in place could continue to hurt China’s status as the world’s factory floor. Source: NYT > Business – Keith Bradsher