4 hot files that markets are awaiting in the historic summit between Trump and Xi

Global markets are awaiting the expected summit between US President Donald Trump and his Chinese counterpart Xi Jinping, scheduled to be held next Thursday in Beijing, to discuss an agreement on customs duties and Trade exchange and other issues.

This high-level summit comes at a time when the level of trade tension has risen between the two largest economies in the world, while investors hope to resolve 4 major files currently on the negotiating table, so that the markets return to stability.

Rare metals

Disagreements have escalated between Washington and Beijing over Rare earth minerals After Beijing over the past two weeks imposed new restrictions on exports of rare earths used in weapons, advanced computer chips and high-tech cars. Chinacontains about 70% of the global supply of these minerals.

US officials say that during his current Asian tour, which he will conclude in China, Trump will seek to sign deals related to minerals, with a focus on agreements that contribute to building reliable supply chains and attracting more investments to Washington, without the officials revealing the details of the deals that the president is seeking. Its conclusion.

Soybeans

For the first time since the 1990s, China does not buy any American soybeans at the beginning of the export season, which indicates that Beijing is using agriculture as a pressure card in its trade war with Washington.

Therefore, markets expect that this summit will highlight this politically sensitive commodity, after its global prices rose in Chicago rose by about 5% over the past two weeks, while investors are betting on Washington convincing Beijing to resume buying US soybeans.

Currencies

The Trump-Xi summit, and the results of the new US-China trade negotiations, are likely to be reflected in foreign exchange markets. Traders believe that any sign of improved relations between the two countries will boost investor sentiment towards the yuan and Asian currencies, such as the South Korean won and the Taiwanese dollar, given the role of the Chinese currency as a pillar of the region.

Transit shipping

Earlier this year, Washington announced plans to impose fees on Shipslinked to China to reduce its dominance in the maritime transport sector around the world and promote American shipbuilding.

China responded by collecting special duties on ships that are owned, operated, or built by American parties or that fly the United States flag.

Investors in Southeast Asia are looking forward to resolving the fate of the 40% US tariffs imposed on goods that Considered "Recharged" Through China, a measure aimed at reducing the exposure of these goods to current customs duties.

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