Donald Trump arrived in China on May 13 for high-stakes talks with President Xi Jinping, marking the first top-level face-to-face engagement since his administration took office. Key agenda items include bilateral trade, the Iran situation, and Taiwan.
Trump’s delegation includes Secretary of State Marco Rubio and Defense Secretary Pete Hegseth. Analysts note that trade tariffs, technology controls, and regional security will dominate the discussions.
The Iran issue is expected to be a focal point. China, as Iran’s largest oil buyer, holds significant leverage. Meanwhile, Taiwan remains the most contentious aspect of U.S.-China relations.
Markets reacted cautiously. The Dow Jones slipped following an unexpected surge in the U.S. Producer Price Index, the largest increase in four years, raising renewed inflation concerns.