Trump gives US negotiators leeway to lift export controls on China ...Middle East

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"I expect this to be a short meeting with a big strong handshake," Kevin Hassett told CNBC earlier today.

The products covered by recent U.S. restrictions—never publicly announced by the administration—include jet engines and related parts, which China needs to make its own commercial aircraft; software required by Chinese companies to produce chips; and ethane, a component of natural gas important in manufacturing plastics, according to the people.

Chinese stock markets climbed earlier while US stocks rallied last week on expectations of a US-China deal. At this point, the market will need more than rare earths and tech exports to continue higher.

This article was written by Adam Button at www.forexlive.com.

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