#TrumpTariffs

📉 China–U.S. Trade War: Key Updates

#TrumpTariffs #MarketPullback

đŸ”č Diplomacy & Negotiations

Trump and Xi held a 90-minute call — talks were constructive but no breakthrough yet.

Next round of U.S.–China trade talks set for June 9 in London.

đŸ”č Trade Actions

China issued rare earth export licenses to U.S. automaker suppliers — a move to ease specific pressure points.

Trump is expected to extend the TikTok sale/ban deadline beyond June 19.

The U.S. stopped short of labeling China a currency manipulator, but criticized lack of transparency.

đŸ”č Market & Business Impact

Chinese markets dropped sharply amid rising geopolitical tension.

U.S. market: SPY ETF closed at $599.14 on June 6.

China tightened export controls on rare earths and tech components, escalating supply chain concerns.

#BinanceSquareTalks #Move2Earn

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