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‘It’s Not Because They Want to Be Friends’: Brilliant on What to Expect From the Trump-Xi Summit

Bloomberg Markets
Saturday, May 9, 2026 at 12:04 PM
~4 min read
Trade

Original Report

The postponed Beijing summit between President Trump and China’s President Xi is back on the agenda, delayed by a war in Iran that has reshaped the dynamic between the two leaders. After a tumultuous...

The postponed Beijing summit between President Trump and China’s President Xi is back on the agenda, delayed by a war in Iran that has reshaped the dynamic between the two leaders. After a tumultuous 2025 that saw tariff escalation and revealed critical mineral choke points, both sides are looking for stability, not a breakthrough. Myron Brilliant, who recently returned from Beijing, says China thinks it's cracked the code on Trump. (Source: Bloomberg)

Glass House Analysis

International economic policy has concrete impacts far beyond diplomatic circles. Tariffs show up in the price of goods at stores, supply chain disruptions affect whether products are on shelves, and trade tensions can mean job losses in export-dependent industries. The globalized economy means that decisions made abroad can affect workers and consumers domestically.

The implications extend beyond the immediate news cycle. Every economic development creates ripples that affect employment, prices, and opportunities in ways that may not be immediately visible but are deeply felt. By tracking these connections, we can better understand how the economy truly works—not as an abstract machine, but as a human system shaped by and shaping the lives of millions.

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