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President Donald Trump traveled to Beijing and met with Chinese President Xi Jinping, joined by a delegation of top American executives including Elon Musk, Tim Cook and Jensen Huang. Xi told the group that opportunities in China will only open wider and wider. Trump has invited Xi to visit the White House in September.
Fox NewsU.S. corporate leaders, underscoring ongoing economic engagement between the world's two largest economies. Trump traveled to Beijing accompanied by Apple CEO Tim Cook, Tesla and SpaceX CEO Elon Musk, Nvidia CEO Jensen Huang, Micron CEO Sanjay Mehrotra, Meta executive Dina Powell McCormick, Blackstone CEO Stephen Schwarzman, BlackRock CEO Larry Fink, Citigroup CEO Jane Fraser and Goldman Sachs CEO David Solomon.
Elon Musk arrived in Beijing aboard Air Force One as part of the presidential delegation. Jensen Huang was added to President Trump’s trip at the last minute and secured a seat on Air Force One for the journey. The gathering brought together executives whose companies represent trillions in corporate value and maintain deep ties to Chinese consumers, manufacturing and supply chains.
Musk is the richest person in the world according to the Bloomberg Billionaires Index. Several others in the group have amassed fortunes in the tens of billions. Xi said his opportunities in his country will only open wider and wider.
U.S. companies into Chinese markets, a top priority for the executives on the trip.
U.S. And purchases of American goods including beef, soybeans and Boeing aircraft. U.S. Commerce Department is considering allowing Nvidia to sell its H200 chips to a limited number of Chinese companies.
Fox News reported that the potential approval involves chips a step below Nvidia's most advanced semiconductors even as disputes over artificial intelligence and export controls remain unresolved. Trump has invited Xi to visit the White House in September, signaling additional talks ahead.
The meeting occurred against a backdrop of years of trade tensions between Washington and Beijing over tariffs, technology and national security.
Fox News reported that the heavyweight business lineup highlights the economic balancing act the two nations are seeking to strike. Xi wants investment and continued access to American corporate power while Trump is positioning himself to use trade pressure and market access as leverage with Beijing.
U.S. Strategy built on economic pressure and national security concerns. U.S. and China and delivered a blunt message on Taiwan.
U.S. companies are still seeking access and Beijing is signaling it wants them there, Trump can argue economic pressure is working. -China trade discussions intensify. Experts cited by Fox News have warned against allowing Chinese electric vehicles into the American market citing intellectual property theft concerns.
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