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Market Impact: 0.7
Trump, Xi Buy Time on Trade With Neither Able to Afford a Fight
Source: Bloomberg
Trade Policy & Supply ChainGeopolitics & WarSanctions & Export ControlsCommodities & Raw MaterialsTechnology & Innovation
Donald Trump and Xi Jinping agreed to extend the US-China trade truce until early 2027, reducing the near-term risk of renewed tariffs or broader economic confrontation between the world’s two largest economies. The agreement provides a measure of stability for global supply chains and trade-sensitive assets, though unresolved tensions over rare earths, technology restrictions and Taiwan leave material geopolitical and policy risks intact.
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