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Asian Markets Wobble as Trump-Xi Talks Offset by Musk Row

  • The leaders of the United States and China held a phone conversation on Thursday, during which they agreed to resume official talks soon in an effort to resolve the ongoing trade dispute.
  • The call followed recent tensions including Trump's claim that China violated trade agreements, with officials aiming to restart talks amid unclear timing for a long-term deal.
  • The 90-minute conversation focused almost entirely on trade, producing a positive outcome including faster rare earth exports and resumed U.S. visas for Chinese students.
  • Trump called the conversation "very good" and said it ended on a highly favorable note for both nations, while most markets in the Asia-Pacific region experienced gains, even as major U.S. stock indices closed lower that day.
  • Experts warned tensions remain elevated with risks of further escalation, and sluggish domestic demand continues to challenge economic recovery in both countries despite de-escalation efforts.
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Asian markets wobble as Trump-Xi talks offset by Musk row

Asian markets stuttered Friday as optimism from "very positive" talks between presidents Donald Trump and Xi Jinping was wiped out by the stunning public row between the US leader and Elon Musk.

·Missoula, United States
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El Economista broke the news in on Thursday, June 5, 2025.
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