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US President Trump says spoke to Chinese President Xi strongly about trade and intellectual property, adds China will open country in stages and would be good for US companies

President Trump's comments about trade discussions with President Xi signal potential easing of tensions between the US and China, particularly in agriculture and payment services.

Newsquawk StaffPublished On the live feed at — 3 more headlines followed before this page went public
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US President Trump says spoke to Chinese President Xi strongly about trade and intellectual property, adds China will open country in stages and would be good for US companies

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Says:

  • China is going to be buying a lot of farm product and will do a lot of soybeans for our farmers.
  • Asked China about using Visa (V), adds maybe China Visa ban will come off.
Context

If China increases its purchases of US farm products, it could positively impact commodities like soybeans, while a possible lift on Visa restrictions may enhance business opportunities for financial firms. Overall, this suggests a more cooperative trade environment, which could bolster risk sentiment across equities and currencies.

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