US-China Tariff Truce Deadline Raises Tensions

Markets brace for renewed trade friction as key truce ends; major corporate and economic updates add volatility.

US-China Tariff Truce Deadline Arrives, Raising Trade Tensions

TL;DR:

⚠️ US-China tariff truce expires
🇺🇸 Trump pressures Intel CEO to resign
📊 US inflation data release in focus
🌍 Norway fund to report Q2 results

US-China Tariff Truce Expires

The 90-day tariff truce between the US and China expires today, reviving market anxiety over potential new import duties and escalating trade tensions. Investors are closely watching for retaliatory measures or negotiations as the deadline passes, with volatility expected across equities and commodities. Source

Trump Pressures Intel CEO to Resign

President Trump demanded the resignation of Intel CEO Lip-Bu Tan, citing conflicts of interest related to investments in Chinese tech companies. This move further complicates US-China corporate relations and creates uncertainty for global semiconductor supply chains. Source

US Inflation Data Release in Focus

The Bureau of Labor Statistics will release key US inflation data today—the first since a leadership shake-up at the agency. Traders are watching for signs of persistent inflationary pressures and any potential impact on Federal Reserve policy. Source

Norway Fund to Report Q2 Results

Norway’s $2 trillion sovereign wealth fund will announce its Q2 results and investment allocations, with close attention on its exposure to Israeli assets amid geopolitical scrutiny. The fund's performance and allocation shifts could influence global asset flows. Source

US-China Tariff Truce Deadline Arrives, Raising Trade Tensions