Bloomberg Television · Could Iran Not Be on Agenda During US-China Summit?

1. 1. Iran will likely not be a high priority on the US-China summit agenda.
2. 2. China is weathering the Strait of Hormuz closure well, better than its Asian neighbors.
3. 3. Both the US and China have economic weaknesses, focusing on holding their existing truce.
4. 4. Markets are mispricing the ongoing oil crisis; a second energy shock is likely coming.
5. 5. New US Section 301 tariffs on critical tech could trigger massive Chinese retaliation.