💬 Opinion May 15, 2026 · Shang-Jin Wei

The World Economy After the Trump-Xi Summit

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The World Economy After the Trump-Xi Summit
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If Donald Trump and Xi Jinping's Beijing summit produces a sustained Sino-American trade truce and a path to reopening the Strait of Hormuz, that will give the world economy something it has lacked for the past year and half: a reduction in tail risks. In a year when so much has gone wrong, that is a welcome prospect.

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