05/13/2026
Donald Trump arrived in Beijing with a delegation of 17 American CEOs, including Elon Musk, Tim Cook, and Nvidia CEO Jensen Huang, for a trade summit with Chinese President Xi Jinping. Huang was not on the original roster but was personally invited by Trump via phone call.
The summit agenda covers artificial intelligence, semiconductor export controls, tariff reductions, commercial procurement, and geopolitical issues including Iran and Taiwan. The delegation represents sectors spanning Big Tech, Wall Street, aerospace, and logistics. Among the key business discussions, Boeing is working to close a multi-billion dollar aircraft deal aimed at countering Beijing’s retaliatory import taxes, while Nvidia is pressing the administration to loosen AI hardware export restrictions, warning that the current limits could drive China to fast-track its own domestic AI development.​​​​​​​​​​​​​​​​
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