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Trump-Xi Summit: Shaking Global Trade

Trump-Xi Summit: Shaking Global Trade

Published 1 day, 9 hours ago
Description

President Trump and Chinas Xi Jinping meet in Beijing, potentially reshaping global trade and power dynamics. Both nations, top economies with intertwined trade, view each others weaknesses, from debt to tech gaps. Smaller countries worry about being left out of a U.S.-China trade deal. Experts advise third nations to watch closely, as World Trade Organization rules may become obsolete. Topics on the agenda include a trade board for non-sensitive goods, Irans impact on Chinas exports, and Taiwans independence. China flexes diplomacy by hosting Irans foreign minister. Both sides claim time is on their side, with another meeting later this year. The rest of the world has breathing room to navigate this shifting world order.

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