Particle.news
Download on the App Store

Trump Meets Xi in Beijing With U.S. CEOs in Tow

The meeting aims to steady ties during a war that has disrupted oil routes.

Overview

  • Trump arrived Wednesday in Beijing with executives from Apple, Tesla, Boeing, BlackRock, and Nvidia for a multi-day summit at the Great Hall of the People.
  • The talks focus on three fronts: the U.S. war with Iran, trade and market access, and Taiwan, with technology controls and advanced chips also on the table.
  • U.S. officials asked China to press Iran to reopen the Strait of Hormuz, a key oil passage, while Trump said before departure that he did not need Beijing’s help.
  • On Taiwan, the State Department blocked an $11 billion arms shipment and a roughly $14 billion package remains delayed while the White House holds back a formal notice to Congress.
  • Chinese purchase or investment pledges, including possible Boeing orders, are under discussion according to media reports, though any large figures are unconfirmed and analysts expect only limited deals.