Daily Market Updates: U.S.-China meeting in focus as Trump pushes Strait of Hormuz name change

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U.S.-China meeting in focus as Trump pushes Strait of Hormuz name change

CNBC World says the White House meeting could also shed light on Chinas stance toward Iran during the ongoing Mideast conflict.

Reported · Written up by our desk · Trade & Tariffs

All eyes are on an upcoming meeting between U.S. President Donald Trump and Chinese leader Xi Jinping at the White House, a development that could offer additional clues about how the two countries are approaching trade relations, according to CNBC World.

The outlet also said the discussion is expected to inform expectations for Chinas position on Iran amid the ongoing Mideast conflict.

Alongside the U.S.-China talks, CNBC World noted that Trump is also pushing to rename the Strait of Hormuz, a move that adds a policy and geopolitical dimension to the news flow.

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Sources

CNBC WorldCNBC Daily Open: U.S.-China meeting in focus while Trump wants to rename the Strait of Hormuz

Global Markets

U.S.-China meeting in focus as Trump pushes Strait of Hormuz name change

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