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Trump Concludes Beijing Summit With China, Eyes Rare Earth Supply Chain

President Donald Trump wrapped a two-day summit with Chinese President Xi Jinping in Beijing, establishing a framework for bilateral negotiations on trade and critical supply chains. The talks covered rare earth minerals, agricultural exports including soybeans, and aerospace manufacturing for Boeing. Trump and Xi adopted an optimistic stance on potential cooperation, though Xi delivered firm warnings regarding Taiwan's status. The summit occurs against a backdrop of rising U.S. inflation, with producer prices up 6% year-over-year, adding urgency to trade discussions. Iran was also discussed during the talks. Officials signaled renewed focus on securing semiconductor supply chains and establishing clearer trade parameters between Washington and Beijing. Both leaders indicated willingness to continue dialogue on economic disputes that have strained bilateral relations.