The treasury secretary's remarks indicate that the Trump administration might be more inclined to shift the self-imposed deadline as it gets closer.

As trade talks conclude, the latest trade data shows a sharp drop in Chinese imports — the lowest level since the pandemic.

High-level delegations from the United States and China are meeting in London to try and shore up a fragile truce in a trade dispute that has roiled the global economy.

• Semtech has a price-to-sales (P/S) ratio of 3.4 against a figure of 3.0 for the S&P 500 • Additionally, the company's price-to-free cash flow (P/FCF) ratio is 52.6 compared to 20.5 for the S&P 500

The European Union believes trade negotiations with the US to extend beyond President Donald Trump’s July 9 deadline, even as the speed of the talks has increased over the past week.

US Treasury Secretary Scott Bessent will testify before the House Ways and Means Committee on Wednesday, where he will be questioned about the progress of trade negotiations with China and the "big, beautiful" tax and spending bill working its way through the Senate currently.

H20 GPUs coming back to China could be the next leg in the U.S.-China trade talks, Wedbush Securities said on Wednesday. Read for more.