US President Trump says Chinese President Xi wrote him a letter; Xi responded to a letter Trump sent him - Fox Business Interview from April 14th
- Says Xi told him China is not sending weapons to Iran.
- He gets along with President Xi.
- Does not think oil will change dynamics of meeting with Xi.
- Says nobody is tougher on China than Trump is.
Context
Trump's comments regarding his correspondence with Xi are significant as they highlight an ongoing dialogue between the U.S. and China, particularly concerning sensitive topics like weapon shipments to Iran. While his assertion of toughness on China may impact market sentiment, the overall tone seems more conciliatory, which could provide short-term relief for risk assets, including equities and commodities, depending on market interpretation of U.S.-China relations.
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