– The May 14 summit meeting between President Trump and President Xi will likely represent a stabilization of relations rather than a reset, with implications for tariffs (including a likely continuation of the current stand-still), export purchases, access to Artificial Intelligence hardware and critical minerals as well as positioning vis-à-vis conflicts in the Middle East and Europe.
– US tariff policy has been more active elsewhere, with President Trump trimming import duties on Scotch Whisky and threatening to increase duties on imports of cars from the EU citin...