Key Issues for This Week's Trump-Xi Summit in Washington, World News
The leaders are expected to discuss a tariff truce, China’s purchases of Boeing jets and farm goods, and tensions over Taiwan, Iran and artificial intelligence.
- President Donald Trump hosted Chinese leader Xi Jinping in Washington on Wednesday for their second summit this year, seeking stability amid pressures from trade, Taiwan, and Iran.
- Trump introduced tariffs during his second term, causing US-China relations to nosedive; the Busan Agreement last year paused a trade war that threatened global supply chains with tit-for-tat tariffs topping 100 per cent.
- Treasury Secretary Scott Bessent confirmed the tariff truce extension to Jan 10, allowing more time to negotiate a potentially larger trade deal covering $30 billion in goods.
- Trade Representative Jamieson Greer expects "some announcements on agriculture and non-tariff barriers," though analyst Reza Hasmath warns the summit may be "a horse and pony show" focused on re-establishing trust.
- Secretary of State Marco Rubio proposed "the equivalent of a hotline that we had during the Cold War" to manage risks from artificial intelligence that "could impact economies or societies and even lead to a conflict between nation-states.
18 Articles
18 Articles
Watch Trump-Xi Summit, Oracle Buildout Hits New Hurdle
A global bond rout sends the 30-year yield to a 22-year high. President Trump and China President Xi meet today after extending the US, China trade truce. Elizabeth Economy breaks down Washington’s fading leverage over Beijing. Plus, oil surges as tensions with Iran escalate. And tech billionaire Vinod Khosla joins us on why America can’t slow the AI race.
EDITORIAL. The second summit between the Chinese and American leaders arouses little expectation outside of a stabilisation of their relations. Washington hopes a support from Beijing to get out of the bourbier in which he has stuck himself in the Middle East. But at what price?Untreating his allies of democracies and treating his autocratic competitors. The reception of Xi Jinping by Donald Trump illustrates this new American normality.
Trump-Xi summit begins with great fanfare but low expectations
WASHINGTON — U.S. President Donald Trump welcomed Chinese President Xi Jinping to the White House on Thursday for a lavish state summit expected to be heavy on symbolism but light on substance, with both leaders keen to showcase stable ties despite a host of thorny issues such as AI, trade, Taiwan and the war with Iran. In remarks on Thursday from the grand foyer of the White House, Trump touted his "truly great friendship" with Xi and said the …
The AEX index on the Damrak started with a small loss on Thursday. Investors took it easy ahead of the summit between US President Donald Trump and Chinese counterpart Xi Jinping, which takes place later in the day. The two world leaders are expected to discuss export restrictions for advanced chips and rare earths, AI, Taiwan and the Iran War.
Artificial intelligence will be at the heart of the agenda when US Presidents Donald Trump and Xi Jinping of China meet at the White House on Thursday. The two superpowers see AI as the new focus of their economic rivalry. Trump has already declared that they want to win in AI, wins. Exclusive material for subscribers. To have full access, access the link of the subject and register.
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