00:00It's Benzinga, bringing Wall Street to Main Street
00:02President Trump and Chinese leader Xi are expected to seek greater trade stability when
00:06they meet in Washington this week with artificial intelligence, tariffs, and Iran-related sanctions
00:11complicating negotiations, according to CNBC.
00:14The current U.S.-China trade truce expires November 10, and Besant said Monday he expects
00:19the countries to maintain it.
00:20He also said progress was made on a reciprocal $30 billion tariff reduction covering non-critical
00:25goods.
00:26AI will be another major topic after U.S. and Chinese officials discussed creating
00:30a system to notify each other about AI incidents.
00:32The summit also comes as Washington pressures Iran economically, including through potential
00:37sanctions involving countries that trade with Tehran.
00:39For all things money, visit Benzinga.com.
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