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Forwarded from Walter Bloomberg

TRUMP–XI SUMMIT DOWNSIZED AS EXPECTATIONS FALL

The Trump–Xi meeting in Beijing is now expected to be a limited, low-impact summit focused on maintaining stability rather than major deals.

Key topics include trade, Iran, and fentanyl, but analysts say the U.S. has little leverage and Beijing is offering no clear agenda or concessions.

Instead of a “grand bargain,” the talks are likely to yield only modest steps like extending existing trade truces and maintaining limited sector cooperation.

Experts say shifting geopolitical conditions have strengthened China’s position, making meaningful breakthroughs unlikely.
(@WalterBloomberg)
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