US and Chinese officials have initiated high-level discussions in New York as preparations continue for a scheduled meeting between President Donald Trump and President Xi Jinping later this week. These talks aim to pave the way for potential agreements on key issues such as trade, artificial intelligence, and critical minerals, according to FX Street.

The discussions, which started on Sunday, are seen as a crucial step in easing tensions and fostering cooperation between the two economic giants. The upcoming Trump-Xi meeting, set for Thursday, is expected to build on these preliminary talks.

For Japanese markets, developments in US-China relations remain closely watched, given their significant impact on global trade dynamics and supply chains relevant to Japan’s export-driven economy.