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Filtering by entity: President Xi | Clear Filter
Summary:A trade deal with China is complete, pending final approval from President Xi and Trump, outlining agreements on rare earth supply, educational exchange, and specific tariff percentages, while emphasizing a positive relationship.
Sentiment:Optimistic
Key Claims:
- A trade deal with China is complete, subject to final approval.
- China will supply magnets and necessary rare earths upfront.
- The US will continue to allow Chinese students into its colleges and universities.
- The US will receive 55% tariffs.
- China will receive 10% tariffs.
- The relationship between the US and China is excellent.
Potential Market Impact (S&P 500):8/10
Potential Geopolitical Risk:0/10
Potential Global Cross-Asset Impact:8/10
Summary:A phone call between President Trump and President Xi resulted in a positive conclusion regarding a recently agreed trade deal, including resolution of questions on Rare Earth products, upcoming team meetings with specified US representatives, and a reciprocal invitation for a state visit to China.
Sentiment:Diplomatic
Key Claims:
- A very good phone call occurred with President Xi of China.
- The call discussed intricacies of a recently made and agreed-to Trade Deal.
- The call lasted approximately one and a half hours.
- The call resulted in a very positive conclusion for both Countries.
- There should no longer be any questions respecting the complexity of Rare Earth products.
- Respective teams will be meeting shortly at a location to be determined.
- The US team will be represented by Secretary of the Treasury Scott Bessent, Secretary of Commerce Howard Lutnick, and United States Trade Representative, Ambassador Jamieson Greer.
- President Xi graciously invited the First Lady and President Trump to visit China.
- President Trump reciprocated the invitation.
- The conversation was focused almost entirely on TRADE.
- Nothing was discussed concerning Russia/Ukraine, or Iran.
- The Media will be informed as to the scheduling and location of the soon to be meeting.
Potential Market Impact (S&P 500):7/10
Potential Geopolitical Risk:1/10
Potential Global Cross-Asset Impact:7/10
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