Trump: Willing to Lower China Tariffs, Australia PM Albanese Wins Re-Election
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Trump: Willing to Lower China Tariffs, Australia PM Albanese Wins Re-Election
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Financial markets have steadied in the past two weeks - the S&P 500 on Friday posted its longest winning streak in two decades - amid signs that talks with Asian nations are progressing and trade tensions between China and the US are thawing. President Donald Trump also said in an interview Sunday that he's willing to lower the tariff on Chinese imports to spur trade. Sentiment is also being supported after robust US jobs data alleviated concerns of a deep US recession. We hear from Kerry Craig, Global Market Strategist at JPMorgan Asset Management. He speaks to Bloomberg's Shery Ahn and Haidi Stroud-Watts.
Plus - Prime Minister Anthony Albanese won a significant victory for his center-left Labor Party on Saturday, becoming the first Australian leader to win consecutive elections in over two decades. For some analysis, we heard from Diana Mousina, Deputy Chief Economist at AMP, and Andrea Carson, Professor of Political Communication at La Trobe University.
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