US White House NEC Director Hassett says "we are going into the Trump-Xi meeting very ambitious"

The comments from NEC Director Hassett signal an ambitious stance ahead of the upcoming Trump-Xi meeting, which could imply a push for substantial trade agreements or resolutions.

Newsquawk StaffPublished 11 May 2026, 13:09 UTCOn the live feed at 12:49 UTC — 4 more headlines followed before this page went public

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12:52

Rheinmetall (RHM GY) reportedly in talks to sell its automotive operations to Aequita, according to German press

12:50

US White House NEC Director Hassett says he would guess China would want to reinspect its Iran relations

12:49

US White House NEC Director Hassett says "we are going into the Trump-Xi meeting very ambitious"

12:48

US White House NEC Director Hassett says inflation is going down at an microeconomic level; core inflation averaging 2.6% past six months

12:47

France's Europe Minister says France will not bow to pressure to conclude the EU's budget negotiations by the end of 2026, Politico reports

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Context

This rhetoric suggests that both sides may be preparing to address significant trade issues that have been contentious, thus influencing market sentiment, particularly in sectors sensitive to trade relations such as tech and commodities.

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