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President Trump and China’s leader, Xi Jinping, are expected to discuss trade, Taiwan, and the war in Iran at a summit in Beijing. The meeting could determine whether the U.S.-China détente will continue.

Here’s the latest.

President Trump and China’s leader, Xi Jinping, were meeting in Beijing on Thursday, beginning a high-stakes summit that will focus on trade, Iran, Taiwan and other points of contention.

The meeting, the first U.S. presidential visit to China in nearly a decade, could determine whether a détente that has prevailed between the superpowers will continue — and what concessions, if any, either side is willing to make.

Trump has left the Great Hall and arrived at the Temple of Heaven.

Beijing has approved export licenses for several hundred American slaughterhouses to ship beef to China, according to data on the website of China’s General Administration of Customs. China had allowed the licenses to expire in March 2025 after President Trump imposed his initial tariffs.

Xi warned Trump during their meeting that the issue of Taiwan, which Beijing claims as part of its territory, could bring the two countries into conflict, according to a readout from Xinhua, China’s official news agency. “Handled well, the two countries can maintain stability. If handled poorly, the two countries will collide or even clash, putting the entire U.S.-China relationship in an extremely dangerous situation,” he said.

Xi is seeking a delay or reduction in U.S. arms sales to the self-governed island. The Trump administration delayed announcing a $13 billion package of arms sales to Taiwan to avoid angering Xi before the summit. In February, Xi urged Trump in a phone call to handle arms sales to Taiwan with “extreme caution.”

Chinese state media on Thursday emphasized how world leaders have come to Beijing in recent months to meet with Xi and other senior officials. “When our guests come, the door is open,” said one reporter for state broadcaster CGTN. China experts noted that Trump’s visit this week, the first from an American president in nearly nine years, may already be a “win” for China as it seeks to bolster its image on the world stage.

A broader trade bargain between the U.S. and China may remain uncertain, but members of the American business delegation emerged upbeat after the first Trump-Xi meeting.

“Wonderful!” Elon Musk shouted to reporters as he left the Great Hall of the People. Asked what was accomplished, he said, “Many good things.” Tim Cook, Apple’s chief executive, flashed a peace sign. Jensen Huang, Nvidia’s chief executive, gave a thumbs up and said that Xi and Trump “were incredible.”

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Xi and Trump

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