Trump-Xi summit hides simmering trade tensions under the surface, experts say-scmp

The recent summit between former President Trump and Chinese President Xi Jinping has been characterized by experts as masking underlying trade tensions between the U.S. and China. This situation is likely to influence market sentiment through the channel of risk appetite, as investors weigh potential trade policy shifts against existing tariffs and trade barriers. Assets most exposed include those linked to U.S.-China trade, such as agricultural commodities and technology stocks, which could face volatility depending on the outcome of trade negotiations. Traders will be particularly attentive to upcoming economic data releases, including U.S. manufacturing and export figures, which could provide insight into the health of trade relations.

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