Trump-Xi reunion comes with unfinished business — and a bigger battle looming
Chinese leader Xi Jinping landed in Washington on Wednesday evening, opening two days of talks with President Donald Trump and marking their first encounter since a wide-ranging trade understanding was struck four months earlier. That earlier deal covered rare earths, farm purchases, tariffs and investment, and Trump touted it as a breakthrough for American workers, farmers and manufacturers — though several of its terms remain only partly fulfilled, according to Fox News.
Under that May agreement, Beijing committed to easing U.S. concerns over rare-earth supplies, purchasing at least $17 billion a year in American farm products, clearing an initial order of 200 Boeing aircraft, reopening its market to U.S. beef and resuming poultry imports, while both countries also launched new trade and investment boards. Reuters reported that the Boeing purchase is close to finalized, though farm buying is falling short of the target and the new boards are still not fully up and running.
Artificial intelligence is expected to dominate this week's agenda, according to a senior administration official, along with possible tariff cuts on non-strategic goods and further negotiation over China's rare-earth exports. Deeper disputes persist over technology exports, AI competition, intellectual property enforcement and Taiwan, none of which the two sides have resolved. Lipi Sternheim, chief executive of REalloys, told Fox News Digital that Beijing's grip on the rare-earth supply chain gives it leverage over American defense and technology manufacturers, and that having rare earths as a central focus of the summit signals just how important the issue is.
Summarized by PolitiKool from Fox News’s reporting. Read the full story at Fox News →