Will the US and China make a trade deal?

中美能否达成贸易协议?

FT News Briefing

2025-09-16

11 分钟
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Lisa Cook can remain a Federal Reserve governor for now, the US and China seem to be making progress in their trade talks, and the US and UK promised to boost financial ties ahead of a state visit by President Donald Trump. Plus, Gen Z is toppling governments across Asia. Mentioned in this podcast: Lisa Cook can stay at Fed ahead of rates decision, appeals court rules UK and US pledge to boost financial ties ahead of Trump state visit Donald Trump signals US and China have struck TikTok deal The Gen Z revolution spreading in Asia Today’s FT News Briefing was produced by Fiona Symon and Sonja Hutson. Additional help from Blake Maples, Michael Lello, David da Silva and Gavin Kallmann. The FT’s acting co-head of audio is Topher Forhecz. The show’s theme music is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
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  • Good morning from The Financial Times.

  • Today is Tuesday, September 16th, and this is your FT News Briefing.

  • Donald Trump suffered another setback on his mission to influence the Fed,

  • and the U.S. and China are inching closer to a trade deal.

  • Plus, Gen Z is toppling governments across Asia.

  • I'm Sonya Hudson and here's the news you need to start your day.

  • Federal Reserve Governor Lisa Cook can keep her job for now.

  • A U.S. appeals court made the ruling last night.

  • President Donald Trump tried to remove her over allegations of mortgage fraud.

  • She denied those allegations and sued to stay in her post.

  • Yesterday's ruling means Cook will likely remain on the Federal Open Market Committee when it meets to decide on interest rates this week.

  • It's a major blow to Trump who has put a ton of pressure on the central bank to lower interest rates.