World
China’s Xi signals trade progress as ‘biggest summit’ with Trump begins
China’s Xi Jinping hailed positive trade negotiations with the United States at the start of a two-day summit with President Donald Trump in Beijing on Thursday, with discussions also set to cover the Iran war and U.S. arms sales to Taiwan.
With his approval ratings dented by his entanglement in the Middle East, Trump’s hotly anticipated trip to China – the first by a U.S. president to America’s main strategic rival since his last visit there in 2017 – has taken on added significance, Reuters reported.
“You’re a great leader, sometimes people don’t like me saying it, but I say it anyway,” Trump told Xi after the Chinese leader treated him to a grand reception at Beijing’s imposing Great Hall of the People, featuring an honour guard and throngs of children excitedly waving flowers and U.S. and China flags.
“There are those who say this may be the biggest summit ever,” Trump said. “It’s an honour to be with you. It’s an honour to be your friend and the relationship between China and the USA is going to be better than ever before,” he added.
Xi opened the summit by telling Trump that stable China–U.S. relationship benefits the entire world. “When we cooperate, both sides benefit; when we confront each other, both sides suffer.”
He also said preparatory talks by economic and trade teams in South Korea on Wednesday had reached an “overall balanced and positive outcome”, according to a readout by China’s state-run Xinhua news agency.
The latest round of negotiations aimed to maintain the trade truce struck last October and establish mechanisms to support future trade and investment, officials with knowledge of the matter said.
Joining Trump on the trip are a group of CEOs looking to resolve issues with China, including Elon Musk and Nvidia CEO Jensen Huang, a late addition. Trump has said his first request to Xi will be to “open up” China to U.S. industry.
Musk, Huang and Apple’s Tim Cook were present during the opening talks between the leaders, with Musk telling reporters they were “wonderful” as he left the Great Hall.
This week’s leaders meetings will provide plenty of face time between Xi and Trump: after their initial talks, they will tour the UNESCO heritage site Temple of Heaven and attend a state banquet on Thursday, before taking tea and lunch together on Friday, according to the White House.
POWER DYNAMICS HAVE SHIFTED
The power dynamics have changed since Trump’s last visit to Beijing when China went out of its way to lavish Trump and buy billions in U.S. goods, said Ali Wyne, senior adviser for U.S.-China relations at International Crisis Group.
Back then “China was trying to persuade the United States of its growing status… This time around it’s the United States, unprompted, of its own volition, that is acknowledging that status,” Wyne said, pointing out Trump revived the term ‘G2’, referring to a superpower duo, when he last met Xi on the sidelines of an APEC meeting in South Korea in October.
Trump enters the talks with a weakened hand.
U.S. courts have hemmed in his ability to levy tariffs at will on exports from China and other countries. The Iran war has also boosted inflation at home and escalated the risk that Trump’s Republican Party will lose control of one or both legislative branches in November’s midterm elections.
Though the Chinese economy has faltered, Xi does not face comparable economic or political pressure.
Nevertheless, both sides are eager to maintain a trade truce struck last October in which Trump suspended triple-digit tariffs on Chinese goods and Xi backed away from choking global supplies of rare earths, vital in making items from electric cars to weapons.
They are also expected to discuss forums to support mutual trade and investment and dialogue on AI issues.
Washington looks to sell Boeing airplanes, farm goods and energy to China to cut a trade deficit that has long irked Trump, while Beijing wants the U.S. to ease curbs on exports of chipmaking equipment and advanced semiconductors, officials involved in the planning said.
IRAN, TAIWAN IN FOCUS
Aside from trade matters, Trump is expected to encourage China to convince Iran to make a deal with Washington to end the conflict. But analysts doubt that Xi will be willing to push Tehran hard or end support for its military, given Iran’s value to Beijing as a strategic counterweight to the U.S.
U.S. Secretary of State Marco Rubio told Fox News aboard Air Force One that it was in China’s interest to help resolve the crisis as many of its ships are stuck in the Gulf and a slowdown in the global economy would hurt Chinese exporters.
For Xi, U.S. arms sales to Taiwan, the democratically governed island claimed by China, will be a top priority.
China reiterated on Wednesday its strong opposition to the sales, with the status of a $14-billion package awaiting Trump’s approval still unclear. The U.S. is bound by law to provide Taiwan with the means to defend itself, despite a lack of formal diplomatic ties.
“Trump doesn’t really have that many of the cards to play. But I don’t think that Trump actually sees the situation that way,” said Ronan Fu, an assistant research fellow at Taiwan’s top government think tank Academia Sinica.
Xi has a reciprocal visit tentatively planned for later this year, which would be his first visit to the United States since Trump re-took office in 2025.
World
Trump says no need for China’s help on Iran as shippers seek passage through Hormuz
U.S. President Donald Trump has said he does not expect to need China’s help to end the war in Iran and ease Tehran’s grip on the Strait of Hormuz, in remarks made before he arrived in Beijing on Wednesday for a summit with President Xi Jinping.
Speaking before departing from Washington, Trump played down the role China could have in resolving the conflict, in which both sides have blocked maritime traffic through a waterway that normally carries one-fifth of the world’s oil supplies.
“I don’t think we need any help with Iran. We’ll win it one way or the other, peacefully or otherwise,” he told reporters.
Iran has appeared to firm up its control over the Strait of Hormuz in recent days, cutting deals with Iraq and Pakistan to ship oil and liquefied natural gas from the region, according to sources with knowledge of the matter.
Iranian officials have signalled they see that control as a long-term strategic goal. An army spokesperson said supervision of the waterway could generate revenue amounting to twice Iran’s oil income, while strengthening its foreign policy leverage.
“After this war ends, there will be no place for retreat,” the spokesperson said, according to comments carried by ISNA news agency.
More than one month after a tenuous ceasefire took effect, U.S. and Iranian demands to end the war remain far apart.
Washington has called for Tehran to scrap its nuclear programme and lift its chokehold on the strait, while Iran has demanded compensation for war damage, an end to the U.S. blockade and a halt to fighting on all fronts, including in Lebanon, where Israel is battling Iran-backed Hezbollah. Trump has dismissed those positions as “garbage.”
World
US war in Iran has cost $29 billion so far, Pentagon says
On April 29, the Pentagon said the war at that point had cost $25 billion.
The United States’ war in Iran has cost $29 billion so far, a senior Pentagon official said on Tuesday, an increase of $4 billion from an estimate provided late last month, Reuters reported.
With just six months before midterm elections in which President Donald Trump’s Republicans may face an uphill battle to keep their House majority, Democrats are riding high in public opinion polls as they attempt to link the war with cost of living issues.
On April 29, the Pentagon said the war at that point had cost $25 billion.
Jules Hurst, who is performing the duties of the comptroller, told lawmakers on Tuesday that the new cost included updated repair and replacement of equipment and operational costs.
“The joint staff team and the comptroller team are constantly looking at that estimate,” Hurst said. He was speaking alongside Defense Secretary Pete Hegseth and Chairman of Joint Chiefs of Staff, General Dan Caine.
It is unclear how the Pentagon arrived at the $29 billion figure. A source told Reuters in March that Trump’s administration estimated the first six days of the war had cost at least $11.3 billion, read the repor.
World
Americans don’t think Trump has explained Iran war goals, Reuters/Ipsos poll shows
The Reuters/Ipsos poll had a 3-percentage-point margin of error in either direction based on the number of people surveyed.
Two out of three Americans think President Donald Trump has not clearly explained why the country went to war with Iran, according to a Reuters/Ipsos poll completed on Monday that also showed his approval rating ticking up from the lowest level of his term.
The four-day poll revealed deep concerns about surging gasoline prices, and also suggested many voters are casting blame for their troubles on Trump’s Republican allies who will be defending their congressional majorities in the November midterm elections.
More than two months into a conflict that began February 28 with a U.S.-Israeli bombing campaign, some 66% of poll respondents – including one in three Republicans and almost all Democrats – said Trump has not “clearly explained the goals of U.S. military involvement in Iran.”
The war, which cooled in recent weeks as both sides floated peace proposals, has driven a roughly 50% increase in gasoline prices across the country. Iran shut down a fifth of the global oil trade by effectively closing the Strait of Hormuz – despite efforts by U.S. warships to re-open the waterway for oil tankers.
Some 63% of the country say their household’s personal financial situation has taken a hit from recent gas price increases, up from 55% in a Reuters/Ipsos poll conducted March 17-19.
Some 36% of Americans approve of Trump’s performance, up two percentage points since a late April Reuters/Ipsos poll showed his approval rating at 34%, which was the lowest level of Trump’s current term in office.
The Reuters/Ipsos poll had a 3-percentage-point margin of error in either direction based on the number of people surveyed.
Trump’s popularity remains below the 40% approval rate he had just before the war started. He started his term in January 2025 with 47% approval after winning the 2024 presidential election on promises to lower costs for Americans.
Three-quarters of the public – including half of Republicans – think his administration bears at least a fair amount of responsibility for the gas price surge, the latest Reuters/Ipsos poll showed. Asked which political party is more responsible, 65% of poll respondents said Republicans were to blame compared to 27% who said Democrats.
Four out of five Americans said they expect gas prices to rise further.
Republicans are defending narrow majorities in the U.S. House of Representatives and the Senate in the midterms. Their hopes of keeping control of the House have been bolstered by recent court rulings that could lead to voting district boundaries that are more favorable to Republicans. Republican strategists say the party’s chances would further improve if gasoline prices came down.
But with no agreement in sight between Washington and Tehran, about three in 10 Americans already expect to cut back on summer vacation plans if gas prices hold firm, the poll found. Many expect to cancel their trips or travel shorter distances.
Trump has repeatedly promised gas prices will fall when the war ends, though analysts warn that is unlikely to happen quickly. The public isn’t sure who has the upper hand in the conflict. Only one in three say America has the advantage, while about one in seven say Iran has it, the Reuters/Ipsos poll showed. The rest said they weren’t sure or that neither side has an advantage.
The latest Reuters/Ipsos poll was conducted online and gathered responses from 1,254 U.S. adults nationwide.
-
Sport5 days agoCanada to host opening ceremony for FIFA World Cup 2026 in Toronto
-
Latest News5 days agoSAARC failure pushes Pakistan toward trilateral ties with Afghanistan, China, Bangladesh: Dar
-
Latest News3 days agoJapan announces MEXT scholarships for Afghan students for 2027 academic year
-
Business4 days agoAfghanistan, Uzbekistan sign 13 trade MoUs worth over $100 million
-
Sport5 days agoAfghanistan rises 7 places to 21st in FIFA Futsal World Rankings
-
Sport5 days agoAfghan cricket delegation travels to China for technical cooperation
-
Sport5 days agoLos Angeles to welcome the world with historic FIFA World Cup 2026 opening event
-
Latest News5 days agoIEA leaders contact Maulana Fazlur Rehman to express condolences over Sheikh Idris’s death
