United States President Donald Trump has arrived in Beijing ahead of his highly anticipated presidential summit with Chinese leader Xi Jinping.
During the meeting, the two leaders are expected to agree to forums to facilitate mutual trade and investment, while China is expected to announce purchases related to Boeing aircraft, American agriculture and energy.
The meeting is also expected to cover tariffs, rare earths, AI, the Iran war and Taiwan.
Major business deals or purchases are often announced during summit meetings between China and the US.
Trump will be joined by a group of executives from some of America’s most valuable companies, including Tesla CEO Elon Musk and Nvidia boss Jensen Huang.
In a Truth Social post earlier this week, Trump said, “great things will happen for both countries” during the summit.
Sen. Steve Daines, R-Mont., who just travelled to China with a congressional delegation, said Wednesday on CNBC’s “Squawk Box” that it is “in both leaders’ interest to keep the relationship stable, and to de-escalate, not decouple”.
“We hope to see some kind of trade deals come out, I think it will be Boeing, beef and beans,” Daines said.
