.
.
President Donald Trump, in his latest comments, addressed trade tensions with China, the war in Ukraine, and America’s leadership in critical technology and military capabilities. He expressed confidence that China will eventually come to the negotiating table on critical minerals and tariffs, arguing that U.S. tariff pressure will force Beijing to engage. He emphasized that the United States is “way ahead of China” in artificial intelligence development and military strength, while noting that America is “catching up to China” in commercial shipbuilding.
Trump added that the U.S. could threaten China with airplane export controls and other pressure tactics if negotiations fail to yield satisfactory results, declaring, “I think China will make a deal with us,” signaling his belief in a near-term agreement. The prospect of restricting China’s access to U.S. aircraft—a vital component of China’s aviation market—may provide significant leverage in talks.
President Trump said that after concluding meetings in South Korea, he expects to secure a “great deal” with China, including commitments for Beijing to purchase U.S. soybeans to avoid punishing American farmers. He warned that if China refuses to do business, it “will be in big trouble,” and signaled readiness to threaten export controls on U.S. airplanes and rare-earth minerals as leverage. Trump also noted he has been invited to visit China “fairly early next year” and emphasized his strong personal relationship with President Xi.
Regarding the Russia-Ukraine war, Trump said he is in communication with President Putin about ending the conflict and has urged him to halt attacks on civilians, warning that “there will be a big price to pay” if a peace deal cannot be reached. He also asserted that the Ukraine war “doesn’t affect us in any way,” underscoring his focus on de-escalation.
Trump also praised Australian Prime Minister Albanese, noting their “good relationship,” and commended Australia’s achievements in defense manufacturing and critical minerals projects—ventures that involve Japan as well. These remarks illustrate Washington’s effort to strengthen alliances in the Indo-Pacific region to reduce strategic resource dependence on China.
The EURUSD pair lost some ground after Donald Trump's comments.
Source: xStation
BREAKING: Philly Fed lower than expected, manufacturing weakens but outlook improves 📌
BREAKING: German PPI slightly above expectations!
Economic calendar: delayed NFP report and speeches from Fed officials 👀
Morning wrap (20.11.2025)
The content of this report has been created by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, (KRS number 0000217580) and supervised by Polish Supervision Authority ( No. DDM-M-4021-57-1/2005). This material is a marketing communication within the meaning of Art. 24 (3) of Directive 2014/65/EU of the European Parliament and of the Council of 15 May 2014 on markets in financial instruments and amending Directive 2002/92/EC and Directive 2011/61/EU (MiFID II). Marketing communication is not an investment recommendation or information recommending or suggesting an investment strategy within the meaning of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (market abuse regulation) and repealing Directive 2003/6/EC of the European Parliament and of the Council and Commission Directives 2003/124/EC, 2003/125/EC and 2004/72/EC and Commission Delegated Regulation (EU) 2016/958 of 9 March 2016 supplementing Regulation (EU) No 596/2014 of the European Parliament and of the Council with regard to regulatory technical standards for the technical arrangements for objective presentation of investment recommendations or other information recommending or suggesting an investment strategy and for disclosure of particular interests or indications of conflicts of interest or any other advice, including in the area of investment advisory, within the meaning of the Trading in Financial Instruments Act of 29 July 2005 (i.e. Journal of Laws 2019, item 875, as amended). The marketing communication is prepared with the highest diligence, objectivity, presents the facts known to the author on the date of preparation and is devoid of any evaluation elements. The marketing communication is prepared without considering the client’s needs, his individual financial situation and does not present any investment strategy in any way. The marketing communication does not constitute an offer of sale, offering, subscription, invitation to purchase, advertisement or promotion of any financial instruments. XTB S.A. is not liable for any client’s actions or omissions, in particular for the acquisition or disposal of financial instruments, undertaken on the basis of the information contained in this marketing communication. In the event that the marketing communication contains any information about any results regarding the financial instruments indicated therein, these do not constitute any guarantee or forecast regarding the future results.
