The daily business briefing: February 11, 2019

New U.S.-China trade talks give markets a boost, border security talks hit an impasse as another shutdown looms, and more

The China and U.S. flags
(Image credit: AFP Contributor / Getty Images)

1. Fresh U.S.-China trade talks lift markets

Global stocks and U.S. stock index futures gained ground Monday, buoyed by the start of new talks in Beijing this week on ending the U.S.-China trade war. President Trump's advisers have informally discussed hosting a summit at Trump's Florida club Mar-a-Lago next month with Chinese President Xi Jinping, Axios reports. Two administration officials told Axios that while the meeting could take place as early as mid-March, nothing is set in stone. A third official said that locations other than Mar-a-Lago have been floated, including Beijing, and it's too early to say if Trump and Xi will even meet. On March 1, Trump must decide if he will increase tariffs on $200 billion worth of Chinese goods from 10 percent to 25 percent, and he had wanted to meet with Xi before the tariff ceasefire expires.

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Harold Maass, The Week US

Harold Maass is a contributing editor at The Week. He has been writing for The Week since the 2001 debut of the U.S. print edition and served as editor of TheWeek.com when it launched in 2008. Harold started his career as a newspaper reporter in South Florida and Haiti. He has previously worked for a variety of news outlets, including The Miami Herald, ABC News and Fox News, and for several years wrote a daily roundup of financial news for The Week and Yahoo Finance.