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Bloomberg Daybreak: Asia Edition
Biden and Xi Talk, APAC Markets
Apr 3, 2024
Michelle Jamrisko discusses Biden's talk with Xi Jinping, Mark Cudmore explores global rates, and Michael Liang talks about APAC market outlook. They touch on US-China relations, Fed rate cuts, China's semiconductor strength, and more.
21:48
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Quick takeaways
- Biden-Xi call covered tariffs, tech restrictions, fentanyl cooperation, and geopolitical tensions.
- Market uncertainties arise from Fed rate cut discussions, US economic strength, and China's challenges for investors.
Deep dives
Biden-Xi Call Focuses on Key Issues
The recent call between President Biden and Chinese President Xi highlighted key topics such as tariffs, export controls, data security concerns including TikTok, election interference, and geopolitical issues like the South China Sea. While both sides discussed cooperation on combating fentanyl and drug trafficking, tensions persisted on various fronts like tech restrictions and geopolitical stances.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode