Treasury Secretary Bessent: U.S. and China Eye $30B Trade Deal

U.S. Treasury Secretary Bessent indicated that both the U.S. and China could designate $30 billion for goods in non-critical areas, signaling a potential easing of trade tensions. This development could influence market sentiment by improving risk appetite, as reduced trade barriers may enhance economic prospects for both nations. Chinese equities and U.S. export-oriented sectors are particularly exposed, as they could benefit from increased trade flows and reduced tariffs. Traders will be closely watching upcoming trade negotiations and any official announcements regarding the implementation of this agreement, which could further impact market dynamics.

HIGH-impact news is typically a market-moving event with multi-pip or multi-percent intraday reactions. Examples include central bank rate decisions, major CPI/NFP releases, geopolitical shocks, mega-cap earnings beats/misses, and regulatory announcements. Traders typically position-reduce or hedge ahead of scheduled HIGH-impact events, and follow the wire in real time to react to unscheduled ones (war headlines, central-bank emergency statements, surprise corporate actions). The Trading News Terminal squawk box reads every HIGH-impact headline aloud the moment it hits the wire — so active traders don't have to stare at the feed.

Active traders typically follow a three-step workflow when a market-moving headline hits the wire: (1) read the headline on the terminal or hear it on the squawk box; (2) assess whether the news is already priced in (by checking intraday price action in the seconds before) or whether it's genuinely new information; (3) act — either entering a breakout position, fading an overreaction, or tightening stops on existing trades. Trading News Terminal's Pro plan delivers wire-grade headlines within seconds of the source, with automatic audio squawk on every HIGH-impact event, so the read-assess-act cycle never waits on a refresh button.