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Weekend Listen: Will the Xi-Trump Summit Be Over Before It Starts? | Big Take Asia, Sonic AI
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Weekend Listen: Will the Xi-Trump Summit Be Over Before It Starts? | Big Take Asia
Trumponomics
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May 10, 2026
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27:42
Interview
Weekend Listen: Will the Xi-Trump Summit Be Over Before It Starts? | Big Take Asia
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Trumponomics
Weekend Listen
(guest)
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Executive Summary
The upcoming Trump-Xi summit is fraught with uncertainty, strained by the US conflict with Iran and China's unprecedented defiance of US sanctions on its oil refiners.
Leverage in the US-China relationship has shifted, with China successfully using its control over critical minerals (rare earths) to pressure Washington, impacting an estimated 4% of US GDP.
While the US maintains a strategic advantage in advanced AI, creating a new area of leverage, the overall relationship is managed through low-ambition 'deliverables' like Boeing and soybean purchases.
Both leaders face significant domestic political pressures, which incentivizes them to maintain a stable, albeit tense, relationship to avoid further economic disruption.
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Processed May 10, 2026
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