🔥 Gate Post Ambassador Exclusive Posting Reward Task Round 4 Is Live!
Not yet a Gate Post Ambassador? Apply now 👉 https://www.gate.com/questionnaire/4937
Join the Ambassador Task and post daily from June 9 to June 15, get your posts rated, and share a $300 prize pool based on your ratings!
🎁 Reward Details:
S-Level Weekly Ranking Reward
Post every day for 7 days with an overall quality score above 90 to qualify for S-Level.
2 outstanding ambassadors will each receive a $50 trading fee rebate voucher.
A/B-Level Tiered Rewards
Based on the number of posts and their quality, ambassadors will
Trump meets with top CEOs at the White House – Here is the latest information on the tariff deadlock.
Fox News reporter Charles Gasparino has shared noteworthy information about meetings between U.S. CEOs and the White House. A top CEO told Gasparino that U.S. President Donald Trump is willing to listen to CEOs' concerns about the impact of tariffs on the economy and the markets. Gasparino stated that the biggest warning from the business community to Trump and his advisers is that the trade war over tariffs must end as soon as possible. CEOs emphasize that if this situation continues, the risk of stagflation, which is the simultaneous occurrence of stagnation and inflation in the U.S. economy, will increase, and warn that a U.S. 10-year bond yield reaching 5% will bring many risks. It has been claimed that Trump needs to quickly return to his growth-focused agenda. The White House has assured CEOs that this return has begun and there is still a basis for a deal with China. Gasparino notes that there is a growing consensus among top investors and market strategists he has spoken with: If the trade war is not resolved quickly, the yield on the 10-year bond will certainly reach 5%. But the Trump administration is currently engaged in 75 different trade negotiations at once, and a deal with China is expected to be prolonged and difficult, according to Gasparino, which means that instability and volatility in the market could continue for a long time. On the other hand, Boston Fed President Susan Collins stated that they do not see any general liquidity issues in the market. Speaking to the Financial Times, Collins mentioned that the Federal Reserve has tools to intervene if there are any issues with market functioning or liquidity. "The Fed is certainly prepared to stabilize the market if necessary," Collins said. White House spokesperson Karoline Leavitt stated that Trump's tariff changes this week are an important tactic in negotiating new trade agreements. Trump indicated that specific tariffs by country will take effect after 90 days, and if no agreement is reached during that time, the situation will be reassessed. Leavitt argues that the 90-day deadline is part of Trump's long-term plan, stating: "Countries that heed the President's warning have enjoyed lower tariffs during this time, creating opportunities to achieve lasting solutions during this period." However, Leavitt did not say for sure whether the tariffs would be reinstated after 90 days. "At the end of that period, a decision will be made," he said, implying that Trump is leaving some room.