[ Trade War SITREP ] NO DEALS!!!... yet. Xi Jinping concludes ASEAN tour. Nvidia CEO visits China!

April 17, 2025 - Italy: Italian Prime Minister Giorgia Meloni met Trump at the white house. Trump stated he was “100% certain” of a future trade deal with Europe, while Meloni emphasized a “zero-for-zero” tariff approach to avoid a trade war. Meloni invited Trump to visit Italy, which he accepted, but no timeline was set. Conclusion: No deal, waiting for EU-US negotiation.

April 16-17, 2025 - Japan: Japan visits White House. Trump signals he will be negotiating tariff, cost of military support and trade fairness. Japan signals they will not be pressured into unjust trade deals, seeking fairness and diplomacy. Conclusion: No deal, to meet again in late April 2025.

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China's government appointed a new trade negotiator, Li Chenggang to replace Wang Shouwen, who participated in negotiations for the countries' 2020 trade deal.

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Chinese President Xi Jinping met Cambodian Prime Minister Hun Manet and Senate President Hun Sen, emphasizing an "all-weather China-Cambodia community with a shared future."

37 documents were signed on investment, trade, finance, and infrastructure, though details on binding commitments were not disclosed.

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Nvidia Corp. Chief Executive Officer Jensen Huang arrived in Beijing Thursday, shortly after the Trump administration barred the company from selling H20 AI chip to China.

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