Trump Extends China Tariff Truce

The transcript discusses the ongoing US-China trade negotiations, highlighting the extension of the tariff deadline and the potential for a leadership summit. It covers the optimism from President Trump and the hurdles that remain, particularly around enforcement mechanisms and currency stability. The impact on currency markets is noted, with positive reactions from traders and forecasts for the yuan. Additionally, the transcript addresses the situation with Australian coal shipments to China, where increased inspections have led to delays, raising concerns about potential retaliatory actions from China.

What impact could the currency pact have on China's fiscal and monetary policy?

What was the response from the Chinese government regarding the alleged ban on Australian coal shipments?