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Trump-Xi trade talks may extend truce but need clear tariff cuts to avoid market setbacks

Market News
22 Sep 2026
Seeking Alpha
View Source
Bullish
Trump-Xi trade talks may extend truce but need clear tariff cuts to avoid market setbacks

President Trump will host President Xi in Washington on September 24, 2026, with markets optimistic about a positive outcome. Key issues include rare earth licenses and AI chip regulations, which will influence currency and stock markets like USD/CNH, Hong Kong 33, and Nasdaq 100. Investors are watching for firm tariff reductions and clear timelines to prevent a market reversal after initial optimism. The Australian dollar and Singapore 30 index offer different exposures to China’s growth outlook, with the yuan’s direction being a critical signal.

The Trump-Xi summit and its trade issues provide context for this market snapshot. As of Sep 22, 2026 20:03 WIB, 94 of 150 Technology-sector US stocks on Pluang rose while 51 fell. Notable movers include PATH at USD 13.98 with a 2.87% gain, HUBS at USD 219.86 up 2.81%, and NOW at USD 141.37 increasing 2.68%.

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