US President Donald Trump is in Asia this week ahead of high-stakes trade talks with Chinese President Xi Jinping. Plus, the UK chancellor is pushing for her own trade deal in the Gulf, and the US Federal Reserve is heading into its next meeting without some important economic data.

Mentioned in this podcast:

‘Positive framework’ agreed for Trump-Xi summit, says Scott Bessent

UK chancellor to hold Gulf trade talks in push for pro-growth policies

US shutdown obscures economic outlook as Fed plans new rate cut

Markets brace as Argentines go to the polls

Today’s FT News Briefing was produced by Ethan Plotkin, Victoria Craig, Sonja Hutson, and Marc Filippino. Our show was mixed by Alexander Higgins. Additional help from Peter Barber. The FT’s acting co-head of audio is Topher Forhecz. The show’s theme music is by Metaphor Music.

Read a transcript of this episode on FT.com

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The stage is set for high-stakes Trump-Xi meeting

FT News Briefing