Trump–Xi Talks Loom Over Oil Markets
Trump and Xi aim to resolve trade tensions, finalize a TikTok deal with 170 million U.S. users, and discuss Taiwan’s security amid rising geopolitical challenges.
- On Thursday, President Donald Trump will meet President Xi Jinping in South Korea at APEC, marking their first in-person meeting since 2019 after trade talks in Malaysia.
- Trade tensions stem from Beijing's export-licensing rules and rare-earth controls, prompting Trump to float higher tariffs and Washington to seek supply deals with Australia and Canada in recent months.
- Negotiators report a near-final TikTok deal, with Oracle holding 80 percent while ByteDance retains a stake, amid bipartisan concerns over 170 million U.S. users.
- Heightened Chinese military activity frames U.S.-China discussions on Taiwan, with Trump facing backlash for blocking $400 million in military aid and suggesting Taiwan pay `protection money`, while U.S. Defense Secretary Marco Rubio downplays escalation fears.
- Treasury Secretary Scott Bessent signaled tariffs set for November 1 are effectively off the table, though export restrictions in December remain uncertain as U.S. soybean exports to China may resume below pre-trade-war levels.
15 Articles
15 Articles
Trump–Xi Talks Loom Over Oil Markets
Brent crude hovers near $65 as traders await the outcome of this week’s Trump–Xi meeting in South Korea. From Black Gold to Blue Flame – US Dealmakers Pivot to Gas - The US oil industry’s consolidation drive has run out of steam as low-60 crude prices made it much harder for private equity firms to sell their undeveloped assets; however, gas deals still have a lot of room left. - According to Enverus, US upstream dealmaking dipped by almost 30%…
Trump preps for Xi sitdown
US President Donald Trump kicked off his five-day trip to Asia by signing a raft of trade deals on Sunday with Malaysia, Cambodia, Thailand and Vietnam at the Association of Southeast Asian Nations (ASEAN) summit in Kuala Lumpur. Next, Trump heads to Japan to meet newly-elected Prime Minister Sanae Takaichi Tuesday morning, before sitting down with Chinese President Xi Jinping in South Korea on Thursday. What should we make of Trump’s trip so fa…
The forum will be between October 31st and November 1st in South Korea. The meeting among the leaders of the world’s largest economies draws attention.
Beyond Trade War, China's Xi Looks to Press Trump on Taiwan
TAIPEI, Taiwan -- When China's leader, Xi Jinping, sits down with President Donald Trump to address their worsening trade tensions, he will also be pursuing another, longer goal: persuading the American president to soften U.S. support for Taiwan.
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