Trump, Xi and Putin to hold first-ever trilateral meeting Thursday in Shenzhen on nuclear arms control and Iran (White House confirms Nov 13)
What happened
The White House confirmed on Friday, November 13 that President Trump will meet Chinese President Xi Jinping and Russian President Vladimir Putin on Thursday, November 19, on the sidelines of the Asia-Pacific Economic Cooperation (APEC) summit in Shenzhen, China. It will be the first-ever trilateral meeting of the leaders of the three countries, and the first gathering of the heads of the world's three biggest nuclear powers. The agenda is nuclear arms control and the U.S. war with Iran; a senior U.S. official said Trump will raise Iran with both leaders and steer away from Ukraine. Officials were explicit that no agreements are expected — the meeting is intended as the 'beginning of hopefully a conversation' on nuclear disarmament. Trump departs Washington on Monday, November 16 for Manila, then travels to Shenzhen on Wednesday for the APEC meetings.
Why it matters & what’s next are part of Pro, along with the audio summary.
Start your free 14-day trialWho’s affected
- Defense contractors (Lockheed Martin, RTX, Northrop Grumman, General Dynamics) — a trilateral arms-control conversation, even one with no deal expected, is the most direct signal in years on the future of the nuclear-weapons complex; energy/oil majors (ExxonMobil, Chevron) and crude prices — Iran is explicitly on the agenda and Brent is already near $96 on war-related supply risk, so any signal on the Iran war moves oil; broad market risk sentiment — a first-ever U.S.-China-Russia leaders' meeting is a headline risk event for Monday's open and the week ahead.
Sources