Trump Gives Xi Rare Welcome as US-China Trade Truce Is Extended

The US and China have sealed a two-month extension to their trade truce, as Xi Jinping landed in America for his first state visit in eleven years. Donald Trump became the first US president in six decades to receive a foreign counterpart at that airport, excluding visits by the Pope. Iranian President Masoud Pezeshkian said his country won’t allow freedom of navigation through the Strait of Hormuz while sanctions and a US blockade remain in place, underscoring the difficulty in reaching a peace deal with Washington despite efforts to revive talks this week. Meta unveiled a palm-sized, dedicated gadget for using Muse, the company’s popular new artificial intelligence assistant, pushing deeper into the AI devices market with a surprise announcement. Today's guests: Clemens Fuest, Ifo Institute President; Grace Peters, JPMorgan Private Bank Co-Head of Global Investment Strategy; Kinger Lau, Goldman Sachs Chief China Equity Strategist; Christian Sinding, Scaleup Europe Fund Investment Committee Chair & EQT Institutional Partner -- "The Pulse With Francine Lacqua" is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops. Chapters: 00:00:00 - The Pulse with Francine Lacqua 00:00:25 - German Institutes double GDP forecast as outlook brightens 00:01:16 - Grace Peters, JPMorgan Private Bank Co-Head of Global Investment Strategy 00:04:18 - Clemens Fuest, Ifo Institute President 00:10:19 - Grace Peters, JPMorgan Private Bank Co-Head of Global Investment Strategy 00:15:00 - China-US trade truce extended as Xi arrives 00:18:43 - Oil shipments from Mideast reclaim focus 00:22:55 - Thursday headlines 00:23:30 - US 30-year Treasury yield rises to highest since 2004 00:24:14 - Sanchez: Need to rebalance dependence on other economies 00:26:26 - Kinger Lau, Goldman Sachs Chief China Equity Strategist 00:34:21 - Altman, Amodei talk AI safety at UN security council 00:38:38 - Christian Sinding, Scaleup Europe Fund Investment Committee Chair & EQT Institutional Partner -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts