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Trump and Xi wrap Beijing summit with no signed trade deal as Boeing claim leads vague outcomes

BBC + 3 others·109d ago·Politics
Donald TrumpDonald Trump38.3 ΦXi JinpingXi Jinping26.0 Φ

Donald Trump left Beijing on Friday after a two-day summit with Xi Jinping that produced no announced trade agreement, no joint statement and no Chinese confirmation of the deals the US president described to reporters on the flight home. Trump called the talks "very successful" and said he had struck "fantastic trade deals," while Xi described the visit as "historic and landmark," the BBC reported. Neither government released details, and Chinese Foreign Minister Wang Yi said only that Xi would visit the White House in the autumn.

What did Trump say China agreed to buy? Speaking aboard Air Force One, Trump said China would purchase 200 Boeing jets with a potential commitment for 750 more, a deal he said was made during the summit, the BBC reported. The order would be Boeing's first major Chinese sale in nearly a decade, with General Electric supplying 400 to 450 engines, Trump told reporters in an account carried by PBS. He also said American farmers would benefit because China would buy "billions of dollars" of soybeans.

Has Beijing confirmed any of it? No purchases or agreements have been confirmed by the Chinese side, the BBC reported. Asked about Trump's claims that deals had been made, Chinese foreign ministry spokesperson Guo Jiakun said the "essence of China-US economic and trade relations is mutual benefit," without addressing specific orders. The White House said both leaders agreed to establish a "Board of Trade" to manage the relationship without reopening tariff negotiations, and Trump told reporters he and Xi did not discuss tariffs at all.

What was left unresolved? The summit ended without breakthroughs on the Iran war, Taiwan or AI chip access, the Guardian reported, and the Japan Times described a meeting overshadowed by Xi's warning that mishandling Taiwan could lead to conflict. US officials cautioned there was substantial work to do before any announcements could take effect.


Figures referenced: Donald Trump, Xi Jinping. — JudgeMarket.

Sources

  • BBCTrump and Xi conclude 'very successful' talks but no deals confirmed109d ago
  • PBSTrump says China will buy 200 planes from Boeing, with a possibility of expanding the deal to 750109d ago
  • GuardianWhat was actually achieved at Trump and Xi's 'stalemate summit' in Beijing?109d ago
  • Japan TimesTrump claims 'fantastic trade deals' as summit with China's Xi wraps up109d ago