US-China Deals: Trump’s Crucial Approval Shapes Future Economic Landscape

Key Points

1. President Trump's direct approval will be required for all future US-China deals, indicating a highly centralized decision-making process.

2. Trump's previous presidency was marked by aggressive trade policies towards China, including tariffs on Chinese goods, suggesting a similar approach may continue.

3. Global markets, including stock markets, commodities, currencies, and supply chains, are likely to experience volatility and shifts due to changes in US-China trade relations.

4. Businesses with exposure to US and Chinese markets may need to diversify manufacturing bases and re-evaluate strategies to mitigate risks.

5. The crypto market could be indirectly affected by shifts in US-China relations, potentially influencing digital asset markets and central bank digital currencies (CBDCs).