PREVIEW

Trump and Xi Jinping To Meet Again. Donald Trump and Xi Jinping will meet for the first time since 2019 to address years of tension and trade disputes. Trump’s Asia tour has been full of ceremony, but this meeting with Xi is seen as the trip’s main test. Xi is entering the talks more confident and strategic, having learned from his past dealings with Trump. China has matched Trump’s tough approach, countering tariffs and pressure with equal force. Xi’s refusal to back down on tariffs has strengthened his image at home, even with rates as high as 145%. China’s control over rare earth minerals gives it major leverage, with 60% of global supply and 90% of processing. A new Chinese export rule on rare earths could hit U.S. industries hard and will be central to discussions. Some short-term deals may be reached, but deep political rifts — especially over Taiwan — remain unresolved.
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