Joselito Malig

Trump says made 'fantastic trade deals' with Xi, but details scarce

China's President Xi Jinping (R) and US President Donald Trump visit the Temple of Heaven in Beijing on May 14, 2026. Xi warned Trump that the issue of Taiwan could push their two countries into "conflict" if mishandled, a stark opening salvo as a superpower summit set to tackle numerous thorny issues began in Beijing on May 14. (Photo by Brendan SMIALOWSKI / POOL / AFP)

Article (news)

Agence France-Presse

US President Donald Trump said he had made &quot;fantastic trade deals&quot; and settled &quot;a lot of different problems&quot; in his meetings with China&#x27;s Xi Jinping this week, but hours after the summit ended on Friday details on exact agreements remained scarce.Trump had arrived in Beijing seeking to seal accords in sectors including agriculture, aviation and artificial intelligence, as well as to contain differences between the two sides in a number of tense geostrategic areas.After the first day wrapped, Trump said Xi had agreed to help open the Strait of Hormuz, as well as buy Boeing jets and American oil and soybeans.But there have been no formal announcements, and the Chinese foreign ministry would not confirm or deny Trump&#x27;s statements when asked on Friday afternoon.The reserve on the Chinese side echoes the tone of the summit as a whole, where Trump&#x27;s overtures to Xi -- whom he described as a &quot;great leader&quot; and &quot;friend&quot; -- were met with more muted tones by Beijing.However, the US leader said Friday &quot;a lot of good&quot; had come out of the trip.&quot;We&#x27;ve made some fantastic trade deals, great for both countries,&quot; he said after a walk with Xi among the rosebushes in the gardens of Zhongnanhai, a central leadership compound next to Beijing&#x27;s Forbidden City.&quot;We&#x27;ve settled a lot of different problems that other people wouldn&#x27;t have been able to solve,&quot; Trump added, without providing specifics.Xi, who promised to send Trump seeds for the White House Rose Garden, said it was a &quot;milestone visit&quot;.He said the two sides had to date established &quot;a new bilateral relationship, which is a relationship of constructive strategic stability&quot;.Trump has invited Xi to visit the United States in September.On the streets of the capital, reaction to the talks was tepid.&quot;This meeting could be considered a success –- though, to be honest, none of us really had very high expectations to begin with,&quot; Zhang Yong, a 46-year-old IT worker, told AFP.<div> </div>- &#x27;Help on Hormuz&#x27; -In an interview with Fox News after the summit&#x27;s first day, Trump said Xi had agreed to several US wishlist points.On the topic of the war in Iran, the US president said Xi had effectively assured his counterpart that China was not preparing to militarily aid Tehran, which has essentially closed the Strait of Hormuz.&quot;He&#x27;d like to see the Hormuz Strait open, and said &#x27;if I can be of any help whatsoever, I would like to help&#x27;,&quot; Trump said.The Chinese foreign ministry on Friday released a statement on Iran saying &quot;shipping lanes should be reopened as soon as possible&quot;.At a regular press briefing later a ministry spokesman did not comment when asked if Xi had said China would help with that process.In the Fox interview, Trump said one business deal struck involved Xi agreeing to purchase &quot;200 big&quot; Boeing jets.En route home on Air Force One, he added the deal included &quot;a promise of 750 planes... if they do a good job with the 200&quot;.The president also said Beijing had &quot;agreed it wanted to buy&quot; US oil, and that it would be &quot;buying billions of dollars of soybeans&quot;.China&#x27;s foreign ministry again did not confirm or deny the details mentioned by Trump.The two leaders had been expected to discuss extending the one-year tariff truce that paused their frenetic 2025 trade war, struck during their last meeting in October.But Trump told reporters on the way home that it &quot;wasn&#x27;t brought up&quot;.No announcements were made regarding the advanced Nvidia chips used in artificial intelligence, even though CEO Jensen Huang was among business leaders in Trump&#x27;s business delegation.Chinese tech firms are barred from purchasing Nvidia&#x27;s most cutting-edge chips, under US export rules that Washington says are to protect national security.Treasury Secretary Scott Bessent told CNBC that there was discussion about setting up &quot;guardrails&quot; for the use of AI, adding that the world&#x27;s &quot;two AI superpowers are going to start talking&quot;.<div> </div>- Taiwan policy &#x27;unchanged&#x27; -The summit began Thursday with a blunt warning from Xi on a longstanding geopolitical flashpoint, Taiwan.Shortly after talks started, Chinese state media reported Xi had told Trump that missteps on the sensitive issue of Taiwan could push their two countries into &quot;conflict&quot;.On Air Force One on Friday Trump told reporters he and Xi &quot;talked a lot about Taiwan&quot;.&quot;He does not want to see a fight for independence,&quot; he said. &quot;I didn&#x27;t make a comment on it, I heard him out.&quot;On Thursday Secretary of State Marco Rubio said &quot;US policy on the issue of Taiwan is unchanged&quot;.Ahead of the summit, rights groups had urged Trump to bring up the fate of imprisoned Hong Kong pro-democracy media mogul Jimmy Lai.The US president said Friday that he had raised the topic, but that Xi had told him &quot;Jimmy Lai is a tough one for him to do&quot;.&quot;In terms of substance, I do not think there have been major surprises,&quot; The Economist Intelligence Unit&#x27;s Yue Su told AFP.The new description of bilateral ties outlined by Xi &quot;should be seen as a positive sign&quot; in terms of reducing risk in the relationship, she said.&quot;But... this is likely to be a fragile stability that does not eliminate underlying frictions.&quot;

US President Donald Trump said he had made "fantastic trade deals" and settled "a lot of different problems" in his meetings with China's Xi Jinping this week, but hours after the summit ended on Friday details on exact agreements remained scarce.

US President Donald Trump said he had made "fantastic trade deals" and settled "a lot of different problems" in his meetings with China's Xi Jinping this week, but hours after the summit ended on Friday details on exact agreements remained scarce.