Trump and Xi Agree to Frame U.S.-China Relationship as 'Constructive, Strategic and Stable'
President Trump met with Chinese President Xi Jinping in Beijing on May 14 for high-stakes talks covering trade, Taiwan, and the Iran war. The leaders agreed the Strait of Hormuz should remain open and Iran shouldn't be able to impose shipping payments, while China agreed to order 200 Boeing jets.
High-Stakes Summit in Beijing
Key Agreement: Xi and Trump agreed to frame their relationship as 'constructive, strategic and stable' on the first day of talks.
Boeing Deal: Trump announced that Xi agreed to order 200 Boeing jets during the visit.
Iran & Hormuz: Trump and Xi agreed that the Strait of Hormuz should remain a free waterway and that Iran should not be able to impose payments on shipping traffic.
Strategic Context: The visit to China is the first by a sitting U.S. president in nearly a decade, with much changing since then including escalation in trade tensions and rapid growth in Chinese auto manufacturing.
Key Players: The high-stakes summit runs through Friday, with Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng holding preliminary talks at Incheon International Airport focused on economic and trade issues.