Trade, diplomacy and the war with Iran: How Trump and Xi's talks could impact your wallet

The talks between Trump and Xi Jinping aim to address trade tensions and global challenges, potentially impacting U.S. businesses and consumers. Discussions centered on the U.S.-Iran war, nuclear issues, and the security of the Strait of Hormuz. Both leaders agreed on the need to prevent Iran's nuclear development and maintain the Strait of Hormuz's openness, considering China's reliance on Iranian oil.