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Bloomberg Television · What to Expect From the Trump-Xi Summit in Beijing
- 1. Henrietta expects minimal gains from the US-China summit, with focus on the soybean deal.
- 2. U.S. agriculture faces urgency; farmer bankruptcies rose 46% in '25, a trade war consequence.
- 3. Jensen Huang's absence from the U.S. delegation suggests agriculture will dominate the summit agenda.
- 4. Republicans are highly anxious about rising inflation, with gas and airline prices impacting elections.
- 5. Potential Fed chair Kevin Warsh would likely not cut interest rates with inflation spiking.