The post Melania Trump confirmed at Trump-Xi summit in China appeared on BitcoinEthereumNews.com.
## Market Snapshot In the market concerning Melania Trump’s attendance at the Trump-Xi summit, pricing shows a strong 99.1% YES, reflecting confirmation of her presence in China. This is a significant increase from the previous day’s odds. Other related markets, such as Jared Kushner and Steve Witkoff’s attendance, show lower probabilities at 8% and 11% YES, respectively. ## Key Takeaways – The presence of Melania Trump in China appears consistent with a YES outcome for her attendance at the summit. – The market for Trump’s statements mentioning “Japan” or “Korea” during the summit remains less certain, with a 36% YES probability. – The likelihood of a diplomatic gesture such as a kiss between Trump and Xi is extremely low, maintaining a 0.8% YES probability. ## Article Body President Donald Trump and Chinese President Xi Jinping are meeting in Beijing as part of ongoing diplomatic engagem
The post US government confirms comprehensive actions on rare earths appeared on BitcoinEthereumNews.com.
The US government is moving aggressively to build out domestic rare earth production, with Interior Secretary Doug Burgum confirming that actions are being taken “across the board” on these strategically vital materials. The push comes as Washington confronts an uncomfortable reality: China controls roughly 95% of global heavy rare earth output, and the US imports nearly all of its critical mineral needs. What’s actually happening The federal response is multi-pronged and, by government standards, moving fast. The Trump administration signed executive orders in 2025 specifically aimed at accelerating rare earth production and established the National Energy Dominance Council, or NEDC, chaired by Burgum himself. The NEDC has set ambitious internal timelines. Project identification is targeted within 10 days, and site leasing within 30 days. On the financial side, the Department of E
The post Nvidia rally continues on Thursday as Trump approves H200 buyers in China appeared on BitcoinEthereumNews.com.
Nvidia (NVDA) stock is the early winner of the United States (US) President Donald Trump’s summit with China on Thursday. Shares of the AI chipmaker rose more than 2% in Thursday’s premarket. If the gains remain through the close, this will become NVDA’s seventh consecutive day of gains. President Trump’s Commerce Department approved ten Chinese firms to import Nvidia’s H200 AI chip, as well as a few other distributors in the Asian region. US Retail Sales for April fell from 1.6% MoM in March to 0.5% MoM, but that was in line with the consensus. The Dow Jones Industrial Average (DJIA) futures rose 0.9% in the premarket on Thursday, while the NASDAQ Composite futures declined 0.2%, and S&P 500 futures gained 0.3% on the news. Nvidia could boost China sales on Commerce Department clearance Nvidia has been looking to regain market share in China after several rounds of t
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The post US Treasury Secretary Bessent: Trump told Xi that he wants to open up China appeared on BitcoinEthereumNews.com.
United States (US) Treasury Secretary Scott Bessent said during the European trading session on Thursday regarding the outcome of the meeting between President Donald Trump and Chinese leader Xi Jinping that both nations are trying to balance trade out. Additional remarks US has a stronger position because of our trade deficit with China. Will also discuss board of investments, that will cover non-strategic and non-sensitive areas where China can invest. Think we’re going to see large Boeing orders. Also talked about China buying more energy today. Thinks China will do what it can on the Strait of Hormuz. The reopening of the strait benefits China. Believes that China will work behind the scenes to the best of their capabilities. FX Implications The US Dollar Index (DXY) and S&P 500 futures remain broadly calm despite positive commentary from US Treasury Secretary B
The US's strategic shift to domestic rare earth production could reduce dependency on China, impacting global supply chains and trade dynamics.
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