There is a promising sign of reconstruction in recent days after U.S. President Donald Trump shatters (or at least breaks) global trade relations and supply chains. Indeed, U.S. Treasury Secretary Scott Bessent told CNBC on Monday that the country is “very close to some deals.”

Newly elected Canadian Prime Minister Mark Carney met with Trump at the White House on Tuesday, possibly a bilateral relationship that has been tense since January. He was scheduled to meet with Bessent in Switzerland this week for trade talks.

But again, the hurricane that entered Trump. "We don't have to sign deals, they have to sign deals with us. They want our market. We don't want their markets." During his meeting with Carney, he said that this contradicts the claims of top White House officials, and such deals have been the government's top priority for weeks. The market fell after his comments.

Ironically, the growing protectionism of the United States may help other countries build closer economic ties with each other. Britain and India have reached a bilateral trade agreement that will eliminate tariffs on most projects within a decade. Meanwhile, according to Malaysian Prime Minister Anwar Ibrahim, ASEAN and China will meet on May 19 to negotiate improvements to a free trade agreement.

They may be new bridges built after Trump’s tariffs. But these connections may bypass the U.S. – According to Trump, this connection does not require a deal anyway.

Officials from the United States and China meet
Their office announced Tuesday that U.S. Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer will meet with their Chinese counterparts in Switzerland this week to discuss economic and trade matters. Later that day, the Chinese Foreign Ministry said that Beijing's top Chinese economic and trade official He Lifefeng will meet with Switzerland's Bessent, NBC News reported.

Britain and India reach trade agreement
The UK and India reached a bilateral trade agreement on Tuesday, and most goods between India and the UK will be "completely exempt from taxes within a decade," the British government said. The Indian government said India will start cutting tariffs on major UK exports such as whiskey and cars, and the UK will remove 99.1% of import tariffs once the agreement takes effect.

Markets fall on Trump's trade comments
U.S. stocks fell after Trump made positive comments on the trade deal. this S&P 500 Reduced by 0.77% Dow Jones Industrial Average Lossed 0.95%, Nasdaq Composite Materials Retreat to 0.87%. Regions in Europe Stoxx 600 The index fell 0.18%, ending a 10-day winning streak. Shares deliveroo Rose 1.9% after UK food delivery company says it has agreed to buy U.S. rival offer doordash The company is worth £2.9 billion ($3.9 billion).

AMD beats revenue estimates, warning chip controls
Advanced Micro Devices Its first fiscal quarter earnings exceeded expectations on Tuesday and provided strong guidance in the quarter. The forecast includes $800 billion in fees due to U.S. export restrictions on AI chips. Related instructions, Nvidia CEO Jensen Huang said on Tuesday that China's artificial intelligence market could reach about $50 billion in the next two to three years, and that would be a "huge loss."

India says it strikes Pakistan
India said earlier on Wednesday that its armed forces had launched strikes against Pakistan, and its so-called Pakistan-occupied Jamu and Kashmir targeted "terrorist infrastructure." The operation comes after radical attacks in Pahalgam, Jammu and Kashmir, with 26 people killed last month and targeting nine locations, the statement said.

(Pro) We are "not a good place to hide": jpmorgan
Exceptionism in the United States - The U.S. economy and financial markets have performed well since the pandemic, which may be a thing of the past. This time, if global economic growth slows down, the United States is “not a good place to hide”, JPMorgan strategist Mislav Matejka wrote in a report on Tuesday.

Supply chain data display

Initially, the U.S. agricultural sector and top agricultural products, including soybeans, corn and beef, have been hit hardest as shippers quickly slashed orders from global manufacturing partners, have now expanded to a nationwide downturn in exports.

The latest trade data show that exports from the United States, especially China, have expanded to most U.S. ports starting in January. Portland, Oregon, decreased by 51% with exports, while Port Tacoma, Port Washington, is a large agricultural export port, down 28%.

The data comes from trade tracker Vizion, which analyzes U.S. export container bookings for U.S. exports, five weeks before the tariffs come into effect five weeks after the tariffs come into effect.