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U.S.-China Trade Talks Get Underway in New York Ahead of Trump"Xi Summit

AI Market Summary
U.S.-China trade talks ahead of a Trump-Xi summit reintroduce event risk across rates, FX, and global risk assets. The agenda spanning trade, AI, and critical minerals raises the probability of both targeted de-escalation and renewed restrictions, tightening cross-border policy uncertainty. Near term, markets may price wider risk premia and higher volatility, with the U.S. dollar sensitive to shifting growth and tariff expectations.
Impact level
● High
Affected assets
NCSIDXY2USD/USDT+0.06%
AI Insight · NCSIDXY2USD/USDTAI Insight
● Neutral
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Chinese Vice Premier He Lifeng arrived at JPMorgan Chase's headquarters in New York City for talks with U.S. Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer. The discussions are expected to cover trade, artificial intelligence and critical minerals, and come just days before Xi Jinping's first visit to the United States since 2023.
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