China has invited Donald Trump to a summit in Beijing to discuss stalled negotiations, but the White House has yet to respond.
Invitation to Summit
China has formally invited Donald Trump to a summit in Beijing with President Xi Jinping. The invitation comes as trade and fentanyl negotiations remain deadlocked, with no response from the White House anticipated.
Trade and Fentanyl Negotiations
The trade stalemate complicates discussions on tariffs and opioid precursor chemicals. Senator Steve Daines noted that it would be 'difficult to discuss tariffs and other trade barriers until we resolve the fentanyl issues.'
Impact on Cryptocurrency Market
Despite the trade tensions, no significant movement on cryptocurrency markets, such as BTC and ETH, has been documented. Experts believe that a full trade deal is unlikely ahead of the upcoming summit.
The summit could influence future trade negotiations, but the current state of discussions shows no significant impact on cryptocurrency markets.
