نشر
Kimmies
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Summary of day one of the Trump-Xi meeting
U.S. stocks turned green, while Bitcoin climbed back to $81K. For now, the market can sleep a little better because the first day was described as fairly positive, at least based on information from the White House.
On Iran and Hormuz:
Both sides agreed that the Strait of Hormuz should remain open and that Iran should not charge fees there.
Xi reportedly opposed the militarization of the Strait of Hormuz.
Both sides also agreed that Iran must not possess nuclear weapons.
On trade:
China reportedly wants to buy more oil, agricultural products, and possibly Boeing aircraft from the U.S.
Beijing also extended import licenses for hundreds of U.S. beef processing plants, reopening trade flows for American farmers.
China also signaled interest in buying more U.S. oil to reduce dependence on oil routes through Hormuz.
The most sensitive issue remains Taiwan:
Xi reportedly warned that U.S.-China relations could enter an “extremely dangerous” phase if Trump ignores Beijing’s demands on this issue.
Trump also invited Xi to Washington on September 24.
In short, the first day looked relatively calm. Trade seems to be the easiest area for both sides to negotiate, while the hardest part is still Taiwan.
$LAB $RIVER $COS
U.S. stocks turned green, while Bitcoin climbed back to $81K. For now, the market can sleep a little better because the first day was described as fairly positive, at least based on information from the White House.
On Iran and Hormuz:
Both sides agreed that the Strait of Hormuz should remain open and that Iran should not charge fees there.
Xi reportedly opposed the militarization of the Strait of Hormuz.
Both sides also agreed that Iran must not possess nuclear weapons.
On trade:
China reportedly wants to buy more oil, agricultural products, and possibly Boeing aircraft from the U.S.
Beijing also extended import licenses for hundreds of U.S. beef processing plants, reopening trade flows for American farmers.
China also signaled interest in buying more U.S. oil to reduce dependence on oil routes through Hormuz.
The most sensitive issue remains Taiwan:
Xi reportedly warned that U.S.-China relations could enter an “extremely dangerous” phase if Trump ignores Beijing’s demands on this issue.
Trump also invited Xi to Washington on September 24.
In short, the first day looked relatively calm. Trade seems to be the easiest area for both sides to negotiate, while the hardest part is still Taiwan.
$LAB $RIVER $COS
إخلاء المسؤولية: تتضمن آراء أطراف خارجية. ليست نصيحةً مالية. يُمكن أن تحتوي على مُحتوى مُمول. اطلع على الشروط والأحكام.