world-economy

Trump and Xi Open High-Stakes Summit With Trade Cooperation on Agenda

President Donald Trump and Chinese President Xi Jinping convened in Beijing for talks aimed at stabilizing fractious bilateral relations. The leaders signaled openness to potential agreements across multiple contentious areas including trade, technology export controls, and regional security. Discussions are expected to address agricultural purchases and aerospace transactions that could ease tensions between Washington and Beijing. Taiwan and Iran tensions featured prominently in opening remarks, with China reaffirming its position on the self-governed island. Trade relations between the world's two largest economies have remained volatile in recent years, prompting observers to view the summit as a critical inflection point. Analysts suggested the talks could yield concrete commitments on commerce while acknowledging significant obstacles remain on technology and security matters.