Bank of America says delayed Trump state visit to China, now expected mid‑May, unlikely to change overall bilateral trajectory.
Delay follows Supreme Court ruling limiting tariff tools and Middle East energy disruptions, weakening U.S. leverage in trade talks.
China may seek longer trade truce, broader tariff relief and boost U.S. purchases in agriculture, energy and aviation.
Both sides likely to pursue short‑term tactical wins, while Taiwan and investment restrictions remain sensitive with little progress expected.