President Donald Trump welcomed Chinese President Xi Jinping for a summit, emphasizing their “truly great friendship,” while Xi called for competition between the countries to remain healthy and within bounds. The leaders face disputes over trade and tariffs, China’s rare-earth exports and purchases of U.S. goods, U.S. arms sales to Taiwan, advanced-chip restrictions and artificial intelligence. The two countries extended their fragile trade truce as negotiators pursue a broader agreement. The talks also come amid disagreement over China’s potential role in efforts to end the conflict involving Iran.
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“Trump hails 'truly great friendship' with China's Xi Jinping as high-stakes summit between economic rivals begins”Right· 0 sources
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The real test will be whether this summit produces progress on AI competition and Taiwan rather than just friendly words.
It's promising that personal rapport between Trump and Xi might help stabilize the trade truce without new tariffs.
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