#USChinaTradeTalks

Markets are holding their breath as US and Chinese officials meet in London today for critical trade negotiations. Treasury Secretary Scott Bessent leads the US team, while China’s Vice Premier He Lifeng aims to address tariffs and economic tensions. Oil prices dipped on weak China import data but retained last week’s gains (Brent +4%, WTI +6.2%) on hopes for a deal. Key focuses: inflation impacts of current tariffs and OPEC+ supply hikes. A breakthrough could boost global demand and risk assets, while failure may reignite volatility. Watch for CPI/PPI data this week as the next catalyst.