Trump economic adviser ‘very comfortable’ with a trade deal closing with China on Monday

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Source: CNN

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Sentiment Score: -0.20

AI Explanation:

The overall sentiment for companies mentioned, or implied, is slightly negative. While the article discusses optimism about a potential trade deal closing, it also highlights significant negative aspects for businesses, such as warnings from 'businesses and economists' about 'uncertainty about consumer spending and fears of a potential recession' due to tariff policies. Apple (implied by 'iPhones') is mentioned in the context of its products relying on rare earth minerals, which faced 'export restrictions' as part of 'retaliatory measures' during the trade war, indicating supply chain vulnerability. The past 'violation' of a trade agreement also adds to the sense of precariousness for businesses operating in this environment.

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