Trump and Xi summit could reshape global economy. The U.S. president and Chinese leader meet Thursday to discuss trade, technology, Taiwan, and rare earth controls. Analysts warn the outcome will have massive ramifications for global markets and geopolitics. China's recent suspension of rare earth exports and semiconductor bans have already disrupted supply chains affecting automakers worldwide. Cooperation on issues like the Strait of Hormuz could provide relief on oil prices and energy costs. However, escalating tensions over AI technology theft and Iran sanctions could prolong economic volatility and cripple global trade. The stakes extend far beyond bilateral relations, with Europe, Japan, and South Korea all watching closely. Experts emphasize that agreement on even a subset of issues could prevent further escalation and stabilize markets.
