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Chinese-US leaders hold talks in Seoul ahead of high-profile leaders’ summit

Chinese-US leaders hold talks in Seoul ahead of high-profile leaders’ summit

FXStreetFXStreet2026/05/13 04:48
By:FXStreet

Ahead of US President Donald Trump’s state visit to China, US Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng will hold economic and trade negotiations in South Korea on Wednesday, the South China Morning Post reported on Wednesday.

Trump-Chinese President Xi Jinping summit will take place in Beijing on Thursday and Friday. Earlier on Tuesday, Trump said that he would prioritize trade discussions during his summit with Chinese President Xi Jinping, and downplayed the amount of attention they would devote to the Iran war.

Market reaction

At the time of writing, the AUD/USD pair is down 0.08% on the day at 0.7235.

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