Trump to raise nuclear arms cuts with Putin, Xi on Thursday, White House says

The White House said President Trump plans to raise nuclear arms reduction with Russian President Vladimir Putin and Chinese President Xi Jinping on Thursday, according to a Reuters report. The reported agenda points to a potential shift in strategic arms control, a channel that transmits to markets mainly through geopolitical risk premia and defense-sector expectations rather than through rates or inflation. A credible move toward nuclear arms cuts would tend to ease tail-risk pricing on Russia-linked exposures and could weigh modestly on defense contractors, while any sign of stalled talks would do the reverse. Traders should watch the readout from Thursday's engagements and any follow-up statements from Moscow and Beijing, since the substance and tone of their responses will determine whether the headline translates into lasting repricing or fades.

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