BusinessInnovationTechnology

Asia-Pacific Markets Rally on News of Upcoming Trump-Xi Trade Talks

Markets across the Asia-Pacific region are set to open higher following the announcement of a scheduled meeting between U.S. President Donald Trump and Chinese President Xi Jinping. The talks, slated for next Thursday, have fueled hopes of progress in ongoing trade negotiations.

Market Optimism Ahead of Key Bilateral Meeting

Asia-Pacific markets were positioned for a positive opening on Friday, according to reports, after the White House confirmed that U.S. President Donald Trump and Chinese President Xi Jinping will hold discussions next week. Sources indicate that the planned meeting has alleviated some investor concerns regarding trade tensions between the two economic powerhouses.

EconomyTrade

Trade Deal Progress Eases Corporate Tariff Burden, Analysis Shows

Businesses anticipate tariff expenses to decline significantly by 2026 as new international trade agreements take effect. Companies have adapted through supply chain diversification and operational changes to mitigate cost pressures.

Corporate Tariff Outlook Improves Amid Trade Negotiations

Companies expect their combined tariff costs to decrease from between $21 billion and $22.9 billion this year to approximately $15 billion by 2026, according to reports analyzing corporate statements and regulatory filings. The projected reduction of up to $7 billion reflects growing stability in trade relations and successful negotiations between major economic partners.