Trump, Xi Meet in Beijing on Trade Truce, Iran War
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- President Trump heads to Beijing on May 14 for a series of meetings with Xi Jinping, aiming to secure economic gains and discuss the Iran war and Taiwan arms sales.
- Elon Musk joins the delegation, and Jensen Huang boards Air Force One during a refueling stop in Alaska at Trump's request.
- Xi Jinping is urged by Trump to “open up” China to U.S. business while both sides seek to preserve the October trade truce that halted triple‑digit tariffs and eased rare‑earth restrictions.
- Ali Wyne notes that the power balance has shifted since 2017, with the United States now acknowledging China’s status and reviving the “G2” superpower concept.
- Washington aims to sell Boeing planes, farm goods, and energy to China, while Beijing wants U.S. easing of export curbs on advanced chipmaking equipment.
Why it matters: U.S. manufacturers such as Boeing gain a sales channel for aircraft and farm goods, while China seeks eased U.S. export curbs on advanced chipmaking equipment, a move that aims to narrow the U.S. trade deficit.
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