Trump-Xi meeting in Washington to shape global economic agenda

moneycontrol.com

President Donald Trump's meeting with China's Xi Jinping on Thursday in Washington will dominate the global economic agenda, with discussions expected to cover tariffs and artificial intelligence controls. The talks aim to stabilize a strained relationship between the world's two largest economies. Tensions have escalated since their May meeting, with US officials criticizing China over trade truce compliance. Chinese export curbs on critical minerals and rare earths loom over negotiations, while the truce's extension timeframe remains uncertain. The US has delayed a report on excess capacity and may suspend most tariffs. The summit's outcome will be closely watched by the European Union, which plans its own China talks in early October. Brussels seeks concrete Chinese concessions to avoid countermeasures, while Beijing prefers the detente to last through Trump's term.


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