The High-Stake Trump-Xi Meeting: Brace For Volatility

The US-China rare earths export ban truce expires on November 10th, and it needs to be extended - this will be the main focus of the Trump-Xi meeting. For China, the main issue is energy security; thus, the US would have to relax the secondary sanctions on Iranian and Russian oil, which might require both wars to end. The failure to make the deal could trigger a major systemic event and a highly volatile reaction in the financial markets.

The US President Trump is set to host the Chinese President Xi in Washington DC on September 24th. This is a high-stakes meeting that could trigger significant volatility in the financial markets. Specifically, the US -China rare-earth