U.S. and Chinese Delegations Conduct High-Level Trade Talks in South Korea
On May 13, 2026, U.S. and Chinese trade delegations held constructive meetings in South Korea to discuss the economic impacts of the Iran war. The talks addressed surging global inflation, energy shortages resulting from the Hormuz blockade, and the security of the semiconductor supply chain. These discussions serve as a technical precursor to the direct negotiations between Presidents Trump and Xi in Beijing, aiming to prevent the regional war from triggering a global depression.
Date: May 13, 2026
Location: South Korea
Conflict: Korean Peninsula Tensions
Category: diplomacy
Severity: MEDIUM
Source: Xinhua