#USChinaTradeTalks

US-China trade talks are happening today in London, with US Secretary of the Treasury Bessent, Secretary of Commerce Lutnick, and US Trade Representative Ambassador Greer meeting with Chinese representatives led by Vice Premier He Lifeng. The talks aim to discuss the bilateral trade deal and potentially ease tensions between the two nations.

*Key Points to Watch:*

- *Trade Deal Discussions*: The meeting marks the first round of economic and trade consultations between the US and China since President Donald Trump took office, focusing on resolving trade disputes and improving economic cooperation.

- *Tariffs and Trade Barriers*: The US has imposed tariffs on China, citing unfair commercial practices and intellectual property theft, while China has retaliated with tariffs on US goods like automobiles and soybeans.

- *Market Impact*: A positive outcome could boost the US Dollar and US assets, while a negative outcome could lead to increased market volatility.

*Market Reactions:*

- The US Dollar Index has corrected to near 99.00, reflecting a cautious market stance ahead of the talks.

- The Indian Rupee has gained against the US Dollar, partly due to the Reserve Bank of India's pro-growth monetary policy and expectations surrounding the US-China trade talks.

- Cryptocurrency markets are experiencing underlying weakness, with Bitcoin, Ethereum, and Ripple facing headwinds amid trade uncertainty