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Tidbits, Trade Talks, Disaster Program, Canadian Crops 6/7/25

Tidbits


President Trump said his senior administration officials will meet with their Chinese counterparts in London for trade talks on June 9. Trump also confirmed that he and Xi agreed to visit each other once in China and again in the U.S.

 

China has called for improving bilateral ties with Canada and is willing to work with Canadian officials to address each other’s concerns according to Chinese Premier Li Qiang.

 

The EU agriculture commissioner has said the EU is open to lowering tariffs on U.S. fertilizer imports as an offer to start serious trade talks according to Reuters.

 

Yesterday’s U.S. jobs report showed payrolls increased by 139,000 in May vs. expectations of 130,000 as the U.S. unemployment rate was reported to be unchanged at 4.2%, as expected.

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