CNBC Daily Open: The art of the deal-ish

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The American and Chinese flags are seen on the motorcade of U.S. President Donald Trump as he visits the National Archives Museum with President of China Xi Jinping on September 25, 2026 in Washington, DC. Win Mcnamee | Getty ImagesHello, this is Anniek Bao writing to you from Singapore. Welcome to another edition of CNBC's Daily Open.Days after Chinese leader Xi Jinping left Washington having enjoyed a state dinner and a marching band, both sides are still figuring out what the pageantry actually bought them.Meanwhile, Iran's foreign minister again threatened a "doomsday" war — while offering an olive branch in the same breath. There is much for investors to digest as markets kick off another trading week, with Treasury yields at their highest since 2007 and oil ticking higher on the Iran standoff.What you need to know todayChinese president's state visit to Washington appears to have produced more personal diplomacy than breakthroughs.The U.S. and China agreed to reduce tariffs on $30 ‌billion of goods and launch a dialogue on AI. The tariff reductions would apply to U.S. exports such as agricultural goods, wood and cosmetics, as well as U.S. imports including small appliances, t...

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