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Asian stocks are mixed after hopes for China-US talks, trade deal with the UK lift Wall Street

  • China's exports rose by 8.1% in April, although exports to the United States dropped over 20% due to tariffs.
  • U.S. Stocks increased after the United States and United Kingdom announced a trade deal, which President Donald Trump called a 'maxed-out trade deal'.
  • Federal Reserve officials stated the U.S. Economy is solid, despite a rise in tariffs causing household pessimism.
  • Top trade officials from the U.S. And China are set to meet in Switzerland to discuss tariff negotiations.
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Bias Distribution

  • 55% of the sources lean Left
55% Left
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Winnipeg Free Press broke the news in Winnipeg, Canada on Thursday, May 8, 2025.
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