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Trump and Xi Dialed Down the Trade War, but Challenges Lurk at Their China Summit

The summit begins with both sides seeking to ease tariffs, technology disputes and Iran-related tensions, while expectations for a breakthrough remain modest.

  • On Wednesday, President Donald Trump arrived in Beijing for a summit with Chinese President Xi Jinping, marking the first visit by a U.S. president to China in nearly nine years.
  • Leaders of the world's two largest economies aim to stabilize ties strained by trade, the war in Iran, and disagreements over Taiwan and artificial intelligence.
  • Trump brought a delegation including Tesla CEO Elon Musk and Apple CEO Tim Cook to advance the 'Five B's': Boeing, Beef, Beans, Board of Trade, and Board of Investment.
  • Beijing intends to focus on the 'Three T's'—tariffs, technology, and Taiwan—while utilizing 'regulatory weapons,' including defying U.S. sanctions on Iranian oil, to counter Washington's demands.
  • Both nations are preparing for prolonged geopolitical rivalry, with neither side expecting a sweeping agreement as China increasingly views the relationship through the lens of long-term strategic competition.
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Trump and Xi dialed down the trade war, but challenges lurk at their China summit

President Donald Trump claims America is profiting from trade with China despite tensions over rare earth minerals, tariffs and emerging technologies like AI.

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Firstpost News broke the news in Mumbai, India on Sunday, May 10, 2026.
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