U.S. President Donald Trump and China’s Xi Jinping concluded talks with optimism about cooling trade tensions. Trump agreed to reduce tariffs on China in exchange for soybean purchases, rare earths exports, and fentanyl crackdown. Market analysts remain cautious, expecting a volatile market and strategic competition between the two countries to continue. The U.S.-China meeting calmed financial markets, signaling future cooperation and deeper trade discussions. A trade agreement is expected to lead to equity market upside, especially in technology and biotech sectors. The U.S.-China trade truce is seen as a relief rally rather than a structural reset, with underlying tensions unresolved. Despite the positive outcome of the talks, analysts remain cautious about the long-term outlook of U.S.-China relations.

Read more at Yahoo Finance: Market analysts react to Trump-Xi meet