Patti Domm, CBC: Trump and Xi meet Saturday — If it goes poorly, the global economy could teeter into recession
* The outcome of the G-20 meeting between U.S. President Donald Trump and China President Xi Jinping could be a watershed moment that could impact the course of markets and the global economy for the second half of the year.
* The G-20 summit in Osaka could end in a ‘feel good’ moment for markets, but the thorny issues in U.S.-Chinese trade talks are unlikely to be resolved and tariffs are expected to continue.
* The meeting between President Trump and President Xi Saturday could lead to improved negotiations but the drag on the economy from tariffs and weakened sentiment is expected to continue until there is a real deal.
* One economist said if the talks fail and the trade war escalates, the world is at risk of a recession.
Stocks are likely to see a temporary relief rally and bonds could sell off if there is a ‘ceasefire’ declared in the trade wars by the U.S. and China this weekend, but the damage to the global economy could continue until a tariff-ending deal is struck.
Wall Street has been handicapping the outcome of the much anticipated meeting between President Donald Trump and President Xi Jinping, and many investors believe the two will likely agree to hold off on new tariffs and restart negotiations, but existing tariffs would not be rolled back by much, if at all.
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Commentaries, Editorials, And Analysis -- June 25, 2019
Trump and Xi walking on thin red lines -- Gordon Watts, Asia Times
Possible outcome of Trump-Xi meeting: A truce in trade war -- Paul Wiseman, AP
US and China need to go beyond a trade deal to share the burden of reshaping a new world order -- Paul Sheard, SCMP
Analysis: The Politics Of National Humiliation In The Trump-Xi Meeting -- Pallavi Gogoi, NPR
Beijing-Moscow relations at ‘highest level’ -- Alexander Kruglov, Asia Times
What is next for Hong Kong's protest movement? -- Yuen Chan, Al Jazeera
India set for a delicate balancing act at the G-20 -- Saikat Datta, Asia Times
Trump knows his Iran strategy is working – Now the ball is in Tehran's court -- Fred Fleitz, FOX News
How Will Iran Respond to the Threat of Force? -- Amitai Etzioni, National Interest
Istanbul and Hong Kong – a double victory for democracy -- Alexander Görlach, DW
Kushner plan leaves Middle East deal seeming further away than ever -- Martin Chulov, The Guardian
Jared Kushner's plan for Palestinians: What's (not) in it? -- Diana Hodali & Emad Hassan, DW
Dates and bullets: Sudan in the grip of the RSF militia -- Hatim Salih, Al Jazeera
Data security meets diplomacy: Why Estonia is storing its data in Luxembourg -- Yuliya Talmazan, NBC
Is America still the world's only superpower or is China a real rival? Experts aren't so sure anymore -- Christina Zhou, ABC News Online
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