The 3 big takeaways from historic meeting in Beijing

BEIJING — U.S. President Donald Trump’s intently watched go to to China this week has gone a good distance towards strengthening a fragile commerce truce with Beijing and stabilizing the bilateral relationship.

Whereas the go to was delayed by greater than a month because of the Iran conflict, Trump’s two-day summit with Chinese language President Xi Jinping wrapped up Friday with plans for an additional assembly this fall.

This is what’s modified for the reason that leaders met:

Xi’s warning to Trump that mishandling Taiwan would put the U.S.-China relationship into “nice jeopardy,” based on official English-language state media, dominated headlines firstly of talks.

Oil costs additionally rose after Trump informed Fox Information in a prerecorded interview that China has agreed to purchase U.S. oil and would assist with Iran negotiations. He didn’t reveal when purchases would start or at what quantity.

China has but to verify plans to purchase U.S. oil, whereas Washington has but to say something on Taiwan.

“I do suppose either side has delivered. There was no substantive dialogue on Taiwan, although, which isn’t stunning,” mentioned Yue Su, principal economist, China, on the Economist Intelligence Unit. “Extra dialogue on Iran highlighted that they do have widespread floor. The truth that either side need to describe the assembly as a win exhibits goodwill, not less than.”

“There are limits to what China can realistically do, because the Iranian regime is working in survival mode and can prioritize its personal pursuits and agenda above all else,” she mentioned.

The U.S. and Chinese language sides haven’t but launched particulars on particular agreements. However Trump’s invitation to Xi to go to the U.S. on Sept. 24 means the 2 leaders can discuss in individual once more earlier than the expiration of the one-year commerce truce set in October 2025.

The settlement lowered tariffs and rolled again uncommon earths restrictions after an escalation in tensions between the 2 nations earlier in 2025.

Xi mentioned the U.S. and China agreed to constructive “strategic stability” as a framework for the following three years, based on state media. 

“Strategically, Beijing seems to be attempting to show Trump’s transactional willingness to stabilize ties right into a longer-term working framework for U.S.-China relations,” mentioned Jack Lee, analyst at China Macro Group, noting the framework might change into a baseline on coping with Beijing for the following U.S. president.

Trump informed Fox Information that China will order 200 Boeing jets, which he mentioned was greater than the 150 models the corporate had anticipated. However that was lower than half the five hundred planes that many initially anticipated.

Nvidia additionally reportedly received the inexperienced gentle from the U.S. to promote its H200 chips to main Chinese language corporations, sending tech shares greater.

Each Boeing CEO Kelly Ortberg and Nvidia CEO Jensen Huang accompanied Trump to Beijing. The executives and greater than a dozen U.S. enterprise leaders — together with Apple CEO Tim Cook dinner and Tesla‘s Elon Musk — participated in a gathering Thursday with Chinese language Premier Li Qiang.

Opening remarks and readouts provided no particulars past China’s pledge to open up its market additional to overseas enterprise, which has occurred progressively over latest a long time.

The U.S. enterprise delegation was far smaller than the greater than 30 leaders who joined Trump on his journey to Saudi Arabia final yr.

“I do not suppose the aim was to have each CEO signal a deal,” mentioned Gary Dvorchak, managing director at Blueshirt Group. “I believe the aim was simply to type of flex America’s muscle groups and simply present from an financial standpoint what a powerhouse we’re.”

“It additionally exhibits a excessive stage of unity amongst the American authorities and personal sectors,” he mentioned.