{"id":30994,"date":"2026-03-18T11:00:41","date_gmt":"2026-03-18T11:00:41","guid":{"rendered":"https:\/\/www.vtmarketsglobal.com\/en\/uncategorized\/30994\/"},"modified":"2026-03-18T11:00:41","modified_gmt":"2026-03-18T11:00:41","slug":"chinas-foreign-ministry-says-it-will-update-on-the-delayed-trump-xi-meeting-during-european-trading-hours","status":"publish","type":"post","link":"https:\/\/www.vtmarketsglobal.com\/en\/live-updates\/30994\/","title":{"rendered":"China\u2019s foreign ministry says it will update on the delayed Trump\u2013Xi meeting during European trading hours"},"content":{"rendered":"China\u2019s foreign ministry said on Wednesday, during the European trading session, that it will provide updates on the delay to a meeting between US President Donald Trump and Chinese leader Xi Jinping. Trump said on Tuesday that the meeting would be postponed while the war with Iran continues.\n\nTrump told reporters at the White House, \u201cWe are resetting the meeting,\u201d and said China agreed to the change, according to Al Jazeera. China\u2019s foreign ministry said heads-of-state diplomacy has an irreplaceable role in US\u2013China relations and that it will continue communication on Trump\u2019s visit.\n\n

Market Reaction In Australia<\/h3>\nMarkets showed little immediate response in Australia. At the time of reporting, AUD\/USD was 0.13% higher at about 0.7115.\n\nA trade war is an economic conflict driven by protectionist measures such as tariffs, which trigger retaliation and raise import costs and living costs. The US\u2013China trade dispute began in early 2018, with US barriers followed by Chinese tariffs on goods including automobiles and soybeans.\n\nThe US\u2013China Phase One deal was signed in January 2020, but the Coronavirus pandemic shifted attention. Joe Biden kept tariffs and added some levies.\n\nTrump\u2019s return as the 47th US President renewed tensions, after pledging 60% tariffs during the 2024 campaign and applying them on 20 January 2025.\n\n

Implications For Volatility<\/h3>\nThe delay in the presidential meeting introduces a new level of uncertainty, which is a key driver for market volatility. We expect implied volatility to rise, and traders might look at VIX call options as a way to hedge portfolios against a sudden market downturn. Looking back at the initial tariff announcements in 2025, we saw the VIX jump over 30% in a matter of weeks.\n\nThe Australian dollar\u2019s muted reaction is unlikely to hold, as it is a key liquid proxy for the Chinese economy. We have already seen China\u2019s official manufacturing PMI dip to 49.5 in February, signaling contraction due to the new tariffs. Therefore, derivative traders may consider buying put options on the AUD\/USD pair to position for a potential decline below the 0.7000 level.\n\nThis prolonged uncertainty will likely weigh heavily on equity index futures, especially for the Nasdaq 100, given the tech sector’s exposure to Chinese supply chains and markets. We remember how chipmaker stocks were hit particularly hard during the trade escalations of 2018 and 2019. Selling index futures or buying puts on specific tech ETFs could become more common strategies.\n\nCommodity markets, particularly agriculture, are on high alert for retaliatory measures from China. US soybean futures are already reflecting this risk, having fallen nearly 15% since the 60% tariffs were confirmed early last year. Traders are likely using short positions in the futures market to hedge against a repeat of 2018, when China shifted its purchases to South America.\n\nThe inflationary impact of these tariffs is becoming more apparent, with the latest US Consumer Price Index for February showing an increase to 3.9% year-over-year. This complicates the Federal Reserve’s policy path and creates opportunity in interest rate derivatives. Traders are increasingly using options on Treasury futures to bet on whether the Fed will have to delay planned rate cuts.\n\nCreate your live VT Markets account<\/a>\u00a0and\u00a0start trading<\/a>\u00a0now. <\/b>\n

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Start trading now – Click here<\/a> to create your real VT Markets account <\/strong> <\/p>\r\n","protected":false},"excerpt":{"rendered":"

China will update on delayed Trump\u2013Xi meeting amid Iran war; markets steady; US\u2013China trade tensions persist.<\/p>\n","protected":false},"author":38,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[46],"tags":[],"class_list":["post-30994","post","type-post","status-publish","format-standard","hentry","category-live-updates"],"acf":[],"aioseo_notices":[],"featured_image_src":null,"featured_image_src_square":null,"author_info":{"display_name":"josephine","author_link":"https:\/\/www.vtmarketsglobal.com\/en\/author\/josephine\/"},"_links":{"self":[{"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/posts\/30994","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/users\/38"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/comments?post=30994"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/posts\/30994\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/media?parent=30994"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/categories?post=30994"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/tags?post=30994"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}