Markets Brace for Fallout From Trump-Xi Meeting

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Following a meeting between Trump and Xi, a one-year trade deal was announced, leading to a slight dip in oil prices as markets await further details. The deal includes tariff cuts on Chinese imports, but the lack of discussion on Taiwan raises some concerns.

Market Impact

Market impact analysis based on neutral sentiment with 85% confidence.

Sentiment
Neutral
AI Confidence
85%

Article Context

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Trump, after the summit aboard Air Force One, claimed to have reached a one-year deal in Busan. Oil prices dipped slightly as markets reacted cautiously, awaiting more details on the deal’s enforcement. Trump said Taiwan was not discussed, but noted plans for cooperation with Xi on the Ukraine conflict. End of live blog 2m ago 12:27am CST “We have a deal” Donald Trump says the U.S. and China have reached a one-year trade pact that will be extended on a rolling basis. According to the President, the U.S. will cut tariffs on Chinese imports…

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Original article published by OilPrice.com on October 30, 2025.
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