Sunday, May 17, 2026

Tariff talks on table for second day of Xi-Trump meet; both call to open Hormuz

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Trade and tariffs are likely to dominate second day of Xi-Trump summit in Beijing. Follow CNBC-TV18’s live coverage for the latest updates on the West Asia war that has sparked economic concerns across the world.

US-Iran War Live Updates: There has been no breakthrough on the West Asia war from the first day of the Xi-Trump summit, apart from a diplomatic call to keep the Strait of Hormuz open.Leaders of two of the world’s largest economies are meeting in Beijing while the war in West Asia is in its third month now, with a ripple of economic impacts felt across the world. Beijing is hosting a US President for the first time in nine years and has warned that how the US approaches the issue of Taiwan could make or break their ties going forward. On day two, the talks are expected to focus on trade and tariffs.

Meanwhile, Iranian Foreign Minister Abbas Araghchi, who was in New Delhi to take part in the BRICS Foreign Ministers’ Meeting, made clear that Iran seeks peace and stability but stands ready to protect its sovereignty.

Follow CNBC-TV18’s live coverage for the latest updates on the US-Iran-Israel conflict and how the world is navigating the tumult.

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