Trump and XI working towards a June summit – report

The WSJ reports that Trump and Xi’s deputies are in discussions about a potential June summit, citing people familiar.

The report highlights that the summit could coincide with their birthdays on June 14 (Trump) and June 15 (Xi). A big question is on where the Summit will be with Xi showing reluctance to travel to the US in light of the episode with Zelensky in the oval office, according to the report.

The existence of the talks could slow down US tariffs on China, which hit an additional 20% last week.

This article was written by Adam Button at www.forexlive.com.