EPISODE · Jun 2, 2025 · 4 MIN
🎙️ Daily Brief | June 2 2025
from Kapital Opening Call · host Kapital Grupo Financiero
✅ In China, the May PMIs showed that industrial activity contracted for a second consecutive month despite the trade truce with the U.S.✅ The Chinese government accused President Donald Trump of escalating the trade war and announced it would take strong measures if the U.S. proceeds with new tariffs, further raising bilateral tensions✅ U.S. Treasury Secretary Scott Bessent stated that the U.S. will never default on its debt, as Congress enters a critical phase to raise the debt ceiling before funds run out
What this episode covers
✅ In China, the May PMIs showed that industrial activity contracted for a second consecutive month despite the trade truce with the U.S.✅ The Chinese government accused President Donald Trump of escalating the trade war and announced it would take strong measures if the U.S. proceeds with new tariffs, further raising bilateral tensions✅ U.S. Treasury Secretary Scott Bessent stated that the U.S. will never default on its debt, as Congress enters a critical phase to raise the debt ceiling before funds run out
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🎙️ Daily Brief | June 2 2025
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