U.S. President arrived in Beijing on Wednesday for his highly anticipated summit with Chinese leader at a restless moment for a world worried about war, trade and artificial intelligence.
The visit occurs , as has been weighed down by the U.S. and Israel鈥檚 war with Iran and rising inflation as a consequence of that conflict. The president is seeking a win by signing deals with China to buy more American food and aircraft, saying he鈥檒l be talking with Xi about trade 鈥渕ore than anything else.鈥�
Here’s the latest:
Trump arrives in Beijing ahead of meetings with Xi
Trump has touched down in Beijing for his summit with Xi Jinping.
Trump has no public events beyond his arrival on Wednesday鈥檚 schedule, but is set to meet with Xi a series of times on Thursday and Friday.
U.S. and China have 鈥渃andid鈥� exchanges in South Korea鈥檚 trade talks, CCTV says
Chinese Vice Premier He Lifeng and U.S. Treasury Secretary Scott Bessent engaged in 鈥渃andid, in-depth and constructive鈥� exchanges on resolving economic and trade issues of mutual concern and further expanding practical cooperation, according to Chinese state broadcaster CCTV on Wednesday.
The officials led the trade talks between the world鈥檚 two biggest economies in South Korea, hours before Trump鈥檚 arrival in Beijing.
CCTV said they were guided by the important consensus reached by the heads of state of both countries, and upheld the principles of mutual respect, peaceful coexistence, and win-win cooperation.
Nvidia CEO is late-announced addition to Trump鈥檚 trip
The White House said Huang鈥檚 schedule hadn鈥檛 permitted his coming, but then changed, clearing the way for him to make the trip.
The last-minute addition inspired online commentary and memes on the Chinese internet.
Those including on Xiaohongshu and Weibo, where people shared manipulated images of Huang clinging to Air Force One with his bare hands.
Musk, Cook and other prominent US executives invited to join Trump on trip to China
These prominent U.S. executives from Big Tech to agriculture have been invited to join Trump on his trip to China, according to a White House official:
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Soaring inflation and plummeting economy test Iran鈥檚 ability to withstand war and US blockade
Iran鈥檚 grip on the Strait of Hormuz is throttling and inflicting , but the struggles of the Islamic Republic鈥檚 own economy are testing its ability to withstand and .
Iranians have been hit by spiraling prices for food, medicine and other goods. At the same time, the country has seen mass job losses and business closures caused by and the government鈥檚 monthslong .
The economic cost of the 鈥渉as been very substantial and unprecedented for Iran,鈥� said Hadi Kahalzadeh, an Iranian economist and research fellow at Brandeis University.
But Iran has withstood and sanctions and its capacity to adapt has not been dismantled, Kahalzadeh said.
The International Monetary Fund has predicted the Iranian economy will shrink by about 6 percentage points in the next year.
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