Trump And Xi Conclude Beijing Summit With Few Deals Confirmed, CEOs Accompany Trump

U.S. President Donald Trump and Chinese leader Xi Jinping concluded a “very successful” two-day summit in Beijing, but “few deals” were confirmed as the two superpowers left the details of what they agreed unclear.

Trump arrived for the high-stakes summit on Wednesday accompanied by CEOs spanning agriculture, aviation, electric vehicles and artificial intelligence (AI) chips, with trade near the top of the agenda and businesses hoping for an extension of the tariff truce due to expire in November.

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Trump told reporters aboard Air Force One that he had struck “fantastic trade deals, great for both countries,” while Xi called the visit a “historic and landmark” trip and China’s Foreign Minister Wang Yi confirmed on Friday that Xi would visit the White House in the autumn.

The BBC reported that Trump said China had agreed to buy 200 Boeing jets, with a potential commitment to buy an additional 750 planes, while the aerospace giant confirmed the deal and the BBC noted there had been no confirmation of any deals or purchases from the Chinese.

The New York Times described the summit’s receiving line at the Great Hall of the People in Beijing, where Secretary of State Marco Rubio, Treasury Secretary Scott Bessent and Defense Secretary Pete Hegseth shook Xi’s hand as the agenda’s shape became clearer.

As Trump introduced the delegation to Xi in Beijing, Al Jazeera said more than a dozen U.S. business leaders joined the state visit to discuss trade, technology and artificial intelligence (AI), and it quoted Xi’s welcoming response that American companies “will have broader prospects in China.”

Al Jazeera also reported that Musk told reporters he wants to accomplish “many good things” while in China, and it quoted Nvidia’s Jensen Huang saying a meeting with Chinese officials had gone “excellently.”

Al Jazeera

The BBC said one of the most closely watched moments came as Air Force One touched down in Beijing on Wednesday night, when Tesla CEO Elon Musk stepped off ahead of senior officials including Pete Hegseth, Marco Rubio and Greer.

Trump told reporters about AI that “We talked about possibly working together for guardrails,” and he added: “Standard guardrails that we talk about all the time.”

In a separate readout of the summit, The Diplomat reported Xi’s warning on Taiwan that “the U.S. side must exercise extra caution in handling the Taiwan question… Otherwise, the two countries will have clashes and even conflicts, putting the entire relationship in great jeopardy.”

The BBC reported that the White House said both leaders agreed to establish a “Board of Trade” to manage the relationship without having to reopen tariff negotiations, while U.S. Treasury Secretary Scott Bessent said he expected progress on a mechanism to support future investment.

“More than a dozen United States business leaders have joined President Donald Trump on his state visit to China, where he is discussing issues including trade, technology and artificial intelligence (AI) with Chinese President Xi Jinping”

Al Jazeera

The BBC also said there are still questions over the trade truce agreed in October, when Washington suspended steep tariff increases on Chinese goods while Beijing eased back from restricting rare earth exports critical for manufacturing.

The Diplomat reported that Trump’s focus was narrower than Xi’s, centering on trade and economic cooperation, and it quoted the White House statement that Trump and Xi “discussed ways to enhance economic cooperation between our two countries.”

The Diplomat further said the summit included a warning on Taiwan and that Trump “moved on to the next topic without acknowledging” Xi’s remarks, citing a Washington Post report.

Looking ahead, the BBC said China’s Foreign Minister Wang Yi confirmed on Friday that Xi would visit the White House in the autumn, while Al Jazeera said the leaders were set to discuss extending a one-year truce on tariffs and the export of Chinese rare earth metals.