Trump-Xi Summit: Trump to ask Xi to 'open up' China
SkimNews Take
The summit's focus on "opening up" China suggests the US aims to shift from broad trade deficits to securing specific market access, reflecting a more targeted approach to economic engagement.
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- President Trump landed in Beijing on May 13, 2026 for a three‑day summit with Xi.
- Trump said he will ask Xi to “open up” China, signalling a push for greater market access and investment.
- U.S. Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng met in Seoul for three hours of talks and also met with South Korean President Lee Jae‑Myung to prepare the summit.
- The summit agenda is expected to focus on trade tariffs, Taiwan policy, and artificial intelligence cooperation.
- Trump‑Xi met last in October 2025 in South Korea, where they extended a trade truce originally brokered in Geneva in May 2025.
Why it matters: US businesses could win new market access as Trump pushes Xi to ‘open up’ China, while Chinese firms may confront heightened competition; the talks may reshape tariff levels and influence the US‑China stance on Taiwan.
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