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Tuesday, January 27, 2026

What’s on the Table for the Trump–Xi Meeting?

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What’s on the Table for the Trump–Xi Meeting?

U.S. President Donald Trump waves after alighting from Air Force One upon arrival at Haneda Airport in Tokyo on Oct. 27, 2025. Phlip Fong/AFP via Getty Images

Markets are rallying ahead of the meeting between U.S. President Donald Trump and Chinese Communist Party (CCP) leader Xi Jinping, in which the two are expected to strike a deal that will increase trade and at least pause a rare-earth restriction that was expected to disrupt global supply chains.

Trade officials on both sides, who met last week for the fifth round of in-person talks in Malaysia, announced on Oct. 26 that they had reached a framework for a trade agreement.

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