Flash: U.S. Treasury's Bessent, China's He Lifeng keep trade talks going ahead of Trump–Xi Washington summit

Ongoing U.S.-China trade talks ahead of a Trump-Xi summit reduce near-term policy uncertainty but do not yet signal concrete outcomes. Markets typically treat such dialogue as a risk sentiment input, with the U.S. dollar reacting to shifts in expected tariffs, growth, and cross-border capital conditions. Until specific commitments emerge, positioning is likely to stay cautious with headline-driven volatility.