"We hope the U.S. side will meet China half-way, and implement the consensus reached by the two leaders during their meeting in Osaka," China's spokesperson at the foreign ministry Hua Chunying said.
Commerce Secretary Wilbur Ross appears on "Squawk Box."
The yield on the 2-year Treasury note topped the 10-year rate, a so-called yield curve inversion that has been a precursor to past recessions.
"The Chinese are so tough, they can withstand more pain, in my judgement, than can Americans," says Max Baucus, also a former senator from Montana.
"I think this is the president saying, 'I don't want the stock market to go down any more,'" says CNBC's Jim Cramer.
The Chinese yuan strengthened and demand for safe haven currencies like the Japanese yen and Swiss franc fell on Tuesday as China appeared to take steps to stabilize its currency, after the yuan on Monday breached a key level and sparked broad risk aversion.
If the yearlong trade war between the world's two largest economies were to erupt into a full-blown currency war, Blinder said that "nobody wins."
China likely hopes to wait out the U.S. election cycle, said Eric Robertsen, head of global macro strategy at Standard Chartered Bank.
U.S. and Chinese negotiators wrapped up a brief round of trade talks that Beijing described as "constructive."
China's official manufacturing Purchasing Managers' Index (PMI) for July came in at 49.7, according to data from the Chinese statistics bureau.
"A trade deal with China would boost market significantly," says Marc Short. "It would benefit the president politically" and probably give him "more of a lift."
President Trump lashes out at the Fed ahead of its July meeting, criticizing it for what he sees as overly restrictive interest rates.
Boeing posted its largest-ever quarterly loss due to the worldwide grounding of the 737 Max.
Alphabet sometimes assists the Department of Defense "and I think Google is an American company that wants to help out the U.S.," Mnuchin says.
Mnuchin tells CNBC he and U.S. Trade Representative Robert Lighthizer are heading to Shanghai for a two-day meeting starting Tuesday.
Olive branches were extended from both China and the U.S. as the two nations are set to restart face-to-face trade negotiations after a monthlong truce.
The U.S. will likely emerge the winner in a "cold currency war" that is heating up, an expert said.
Treasury Secretary Steven Mnuchin appeared on "Squawk Box" on Thursday, making comments about the efforts to reach a debt ceiling agreement. Senator Kevin Cramer (R-N.D.) joins "Squawk Box" to discuss the budget battle on the Hill.
"I've been pretty impressed with the way Speaker Pelosi has negotiated with Secretary Mnuchin," Sen. Kevin Cramer says.
Gold fell about 1% on Friday as the dollar firmed and investors took profits after prices briefly surpassed $1,450 to hit a six-year peak on dovish signals from the U.S. Federal Reserve and is still on course for a second week of gains.