Trump and Xi Conclude Beijing Summit With Boeing Aircraft and Soybean Purchase Agreements

President Donald Trump and Chinese President Xi Jinping concluded a two-day summit in Beijing on Friday with commitments for China to purchase 200 Boeing aircraft and billions of dollars of soybeans. The summit, which ended on May 15, 2026, produced no sweeping agreements and concluded with just a handful of measurable outcomes, @NBCNews reported.

” Each side lavished praise on the other and described the meetings as an important step toward stabilizing relations.

Trump and Xi visited the Temple of Heaven in Beijing on Thursday. Trump raised the case of Jimmy Lai during the talks. Lai, who is 78 years old, was sentenced to 20 years in prison earlier this year after being convicted on national security charges.

He pleaded not guilty. China says Jimmy Lai was the mastermind behind anti-government protests that roiled Hong Kong for months in 2019. “I did bring it up. It’s a tougher one,” Trump told reporters.

He said he did not want to ask Xi for any favors because when you ask for favors you have to do favors in return. Taiwan emerged as a central topic. Xi warned of clashes and even conflicts with the United States over Taiwan if not handled properly.

-China relations. He said he would make a decision about a long-delayed $14 billion arms sales package to Taiwan shortly.

U.S. would defend Taiwan militarily. Trump said the last thing we need right now is war 9,500 miles away. Trump said it was Xi who raised the Taiwan issue.

The leaders did not discuss a reduction in tariffs. Trump hiked tariffs on goods from China as high as 145% before meeting Xi last year in Busan, South Korea on the sidelines of the Asia-Pacific Economic Cooperation summit. In Busan the two agreed to a one-year moratorium on export licenses for rare-earth minerals.

The war in Iran figured prominently. Trump and Xi agreed the war in Iran needed to come to an end. Xi promised not to give military equipment to Tehran. Trump told Fox News that failure to come to the table on a nuclear agreement with Iran would result in annihilation.

Trump said he will make a decision over the next few days on whether to lift sanctions on Chinese oil companies that buy Iranian oil. Washington’s readout said that Xi had voiced interest in purchasing American oil. China is the primary buyer of Iranian oil.

Trump acknowledged they buy a lot of their oil there and they’d like to keep doing that. Trump brought his defense secretary on the trip. The two leaders discussed meeting three more times this year during a state visit in Washington, at the G20, and at APEC.

Trump made his first official state visit to China nearly a decade ago. Chinese Foreign Ministry spokeswoman Mao Ning summarized the outcome of the visit as a new beginning.

Trump wrote on Truth Social: Hopefully our relationship with China will be stronger and better than ever before!

““Neither side moved on the issues that matter most. Technology, Taiwan, Iran, rare earths, and supply-chain dependence remain unresolved.” — Craig Singleton, the China program senior director and senior fellow at the Foundation for Defense of Democracies. Trump said the Boeing aircraft order could be even higher if it goes well. He said they made a deal for China to buy billions of dollars of soybeans.”