Trump and Xi hold talks but no trade deal agreed
Donald Trump and Xi Jinping held talks on Thursday in Beijing. There was no sweeping trade breakthrough or major business agreements. Trump described the US-China relationship as "the world's most consequential economic relationship".
The White House described the meeting as "highly productive". Xi said previous trade negotiations between the two countries in South Korea had delivered "progress". He also warned on Taiwan, saying: "If mishandled, the two nations could collide or even come into conflict." Elon Musk stepped off Air Force One ahead of senior cabinet officials. There was no major trade deal or structural agreement. Both sides pointed to continuity in the October trade truce. The White House said both leaders agreed to establish a "Board of Trade". Scott Bessent said he expected "large Boeing orders" to be announced during the visit.
The talks included discussion of expanding Chinese market access for US companies and increasing Chinese investment into US industries. Beijing signalled it would increase purchases of US agricultural and energy products. Xi told US business leaders that China's "doors will open wider" and that American firms would have "broader prospects" in the Chinese market. He also called for expanded cooperation in trade, agriculture, healthcare, tourism and law enforcement, describing bilateral ties as "mutually beneficial" and delivering "win-win results".
Quick Summary
Donald Trump and Xi Jinping met to discuss the US-China relationship- described as the world's most consequential economic relationship. Despite positive language from both sides, the visit highlighted the complexities of balancing trade and geopolitical concerns.
Summary - read the full story for complete context.

Image: MyJoyOnline
GhanaFront aggregates news from trusted sources. Click to read the original article.
Keywords
Explore related tagsMore from MyJoyOnline
Related Stories
More from Business & Economy

Trump ethics filing reveals thousands of trades tied to US corporate securities
New ethics filings reveal a flurry of financial activity by Donald Trump - but what could be the implications?
1h ago•2 min read

Trump's Fed chair pick Kevin Warsh confirmed by US Senate
Trump's Fed chair pick is confirmed - but can he navigate the brewing storm?
1d ago•3 min read

Global Africa Trade Advisory Chamber to launch in Abuja on 25 May
GATAC is launching in Abuja - what does this mean for trade, investment, and development across Africa?
1d ago•2 min read

Oil rises as fears of ship attacks and seizures persist
Tensions in the Strait of Hormuz continue to rise - but what impact will this have on global oil prices?
1h ago•2 min read



