Trump-Xi Summit Sets High Stakes for Global Trade and Taiwan

Trump and Xi head into a Beijing summit with a sprawling agenda—trade, technology, rare earths, Taiwan, the Iran war and AI—where outcomes could either ease global tensions or deepen volatility. A potential joint push to reopen the Strait of Hormuz could offer near-term relief on oil prices, but analysts warn the energy shock and broader sanctions dynamics make any breakthrough uncertain, with ripple effects for Southeast Asia, Europe and Japan and for the rules-based order.