Trump meets Xi in Beijing for high-stakes summit. President Donald Trump arrived in China Wednesday evening for a major bilateral meeting with Chinese leader Xi Jinping focused on trade, tariffs, and geopolitical tensions. Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng held preparatory economic discussions in Seoul, described as constructive. Trump brings a delegation including tech leaders Elon Musk and Jensen Huang. Key agenda items include Iran policy, Taiwan, and artificial intelligence cooperation. Expectations for major agreements remain modest given deep structural competition between the world's two largest economies, though markets are watching closely for potential tariff negotiations and Boeing aircraft purchase commitments that could impact global trade dynamics.
