AI, Tariffs, Rare Minerals: What to Expect From Trump’s Upcoming Summit With Xi Jinping
wired ·
President Donald Trump is set to meet Chinese President Xi Jinping at the White House on September 23, marking an unusual diplomatic gesture as Trump personally welcomes his counterpart. This summit occurs amidst expiring trade truces from their previous meeting in Busan, with key issues including tariffs, rare mineral exports, and AI regulation taking center stage. US and Chinese delegations are currently negotiating agendas that cover supply chains, technological competition, and sensitive geopolitical matters like Taiwan and Iran. The expiration of the November 10 trade agreement creates urgency for both nations to decide whether to extend tariff reductions or establish new purchase targets for goods such as agricultural products and Boeing aircraft. Artificial intelligence safety and export controls on computer chips remain contentious topics, balancing business interests against national security concerns. While Washington seeks greater market access and critical mineral supplies, Beijing aims for relief from existing restrictions and technology bans. Analysts suggest that despite high expectations, neither side is likely to make significant concessions, with maintaining the status quo being the most probable outcome.
wired