US and China leaders meet in Washington for trade and commodities talks
Soybeans, oil, LNG, rare earth elements, and a trade truce are being addressed at Donald Trump and Xi Jinping's summit in Washington.
US President Donald Trump and Chinese President Xi Jinping are coming together in Washington to negotiate trade, technology, and commodities.
General Framework of the Summit
The meeting between Donald Trump and Xi Jinping, leaders of the world's two largest economies, in Washington holds critical importance for trade and technology policies as well as commodity markets.
Soybeans and Agricultural Products
China's purchases of soybeans from the US constitute one of the most concrete economic headings of the summit for Washington.
Oil and LNG Trade
In energy trade, all eyes are particularly turned to Chinese tariffs that could be applied to US LNG.
Rare Earth Elements
One of the most strategic headings of the summit in terms of commodities will be critical minerals and restrictions regarding export licenses.
Iran and Russia Oil
The US sanction policy targeting China's oil purchases from Iran and Russia is also among the headings that the energy market will be following.
Trade Truce and Tariffs
Whether the US-China trade truce, which is expected to expire in November, will be extended plays a critical role regarding the general risk appetite of the commodity market.