The Daily Editor

Boeing expects Chinese airlines to resume orders that were paused during the trade war with the United States, but analysts warn supply chain constraints and tariff uncertainties could slow actual deliveries.

Kelly Ortberg, CEO of the American aircraft giant, said Chinese airlines have confirmed they would begin taking deliveries of Boeing planes this month after Beijing and Washington agreed to a 90-day trade truce in May.

 » Read more about: Boeing’s China hopes face trade war headwinds, supply chain risks: analysts  »

China’s commerce ministry on Monday responded to a barb from US President Donald Trump on Friday, stating that his accusations of Beijing violating the terms of the Geneva talks were “groundless”. It also promised to take forceful measures to safeguard its interests, sparking fears of a renewed trade war.

On Friday,

 » Read more about: Trade war 2.0? China responds fiercely to 'groundless' Trump accusations of 'seriously' violating Geneva terms  »

On Monday, June 2, 2025, Nvidia’s stock (NASDAQ: NVDA) is trading higher, reflecting investor confidence in the company’s robust growth prospects despite renewed trade tensions between the United States and China.

Nvidia’s Stock Performance

As of 10:19 AM EDT, Nvidia’s stock price stands at $136.42,

 » Read more about: Trade War Tensions? Nvidia Keeps Climbing as Wall Street Bets on AI  »

China on Monday said the Trump administration is undermining the temporary May 12 trade agreement between the two nations by issuing AI chip export control guidelines, stopping the sale of chip design software to China and by planning to revoke Chinese student visas.

The Trump administration’s actions “seriously undermine the existing consensus reached at the Geneva economic and trade talks,

 » Read more about: China says U.S. violated tariff truce as trade war heats up  »

Deutsche Bank is reportedly warning that a capital war could be triggered by the White House’s “One Big Beautiful Bill.”

Analysts from the bank have dubbed Section 899 of the bill a “revenge tax” that could hurt the attractiveness of US assets, Fortune reports.

The bill aims to implement tax reforms,

 » Read more about: ‘Revenge Tax’ Hidden in President Trump’s Bill Could Trigger Capital War, Warns Deutsche Bank: Report  »

 » Read more about: Nvidia's Big Number  »

A group of Social Security beneficiaries may notice their June payment has been garnished when it arrives in their bank account this week. Beneficiaries in default on their federal student loans are now at risk of seeing their monthly payments trimmed as the Education Department continues efforts to collect on late payments.

Last month,

 » Read more about: Your Social Security check could be smaller starting in June with Trump’s new deduction  »

 » Read more about: 3 Hidden Social Security Loopholes Retirees Should Know About  »

Dow Jones Index Today: Wall Street’s main indices opened lower on Monday after President Donald Trump revealed plans to double tariffs on imported steel and aluminum, intensifying concerns about U.S. trade policy. The Dow Jones Industrial Average declined by 70.1 points, or 0.17%, to open at 42,199.94. The S&P 500 fell 15.0 points,

 » Read more about: Dow Jones falls as Trump announces tariff hike on steel and aluminum  »

 » Read more about: Dow Jones Industrial Average (DJIA) Live June 2: Higher Steel Tariffs Send DJIA Lower  »