{"id":2152605,"date":"2026-09-18T15:03:30","date_gmt":"2026-09-18T12:03:30","guid":{"rendered":"https:\/\/analyse.optim.biz\/?p=2152605"},"modified":"2026-09-18T15:03:30","modified_gmt":"2026-09-18T12:03:30","slug":"what-to-expect-from-the-trump-xi-summit-from-tariffs-to-a-possible-30-billion-deal","status":"publish","type":"post","link":"https:\/\/analyse.optim.biz\/?p=2152605","title":{"rendered":"What to expect from the Trump-Xi summit, from tariffs to a possible $30 billion deal"},"content":{"rendered":"<p>[analyse_image type=&#8221;featured&#8221; src=&#8221;https:\/\/images.euronews.com\/articles\/stories\/09\/91\/85\/26\/1200x675_cmsv2_57230ea8-b4be-590e-a659-facbd6508f82-9918526.jpg&#8221;]<\/p>\n<article id=\"abe-2926929-pos1-c-latest-stories\" class=\"the-media-object m-modeMobile-1 m-modeDesktop-1 m-modeXL-1\" data-nid=\"2926929\" data-cid=\"9919533\" data-part-label=\"Partner content\">\n<figure id=\"abe-2926929-label-pos1-c-latest-stories\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/91\/95\/33\/189x106_cmsv2_21e3939c-3bd3-5487-9653-083bb3c89eb7-9919533.jpg\" loading=\"lazy\" alt=\"President Donald Trump and President Biden during a presidential debate hosted by CNN. 27 June 2024\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    USA<\/p>\n<div class=\"the-media-object__title  \">\n<p>    Trump threatens to ban three news organisations from the White House\n  <\/p><\/div>\n<\/div>\n<\/article>\n<article id=\"abe-2926910-pos2-c-latest-stories\" class=\"the-media-object m-modeMobile-1 m-modeDesktop-1 m-modeXL-1 the-media-object--has-video\" data-nid=\"2926910\" data-cid=\"9919489\" data-part-label=\"Partner content\">\n<figure id=\"abe-2926910-label-pos2-c-latest-stories\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/91\/94\/89\/189x106_cmsv2_6ed72a21-509d-53b2-b54b-9026bfb6e408-9919489.jpg\" loading=\"lazy\" alt=\"Migrants in Ceuta\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    Europe News<\/p>\n<div class=\"the-media-object__title  \">\n<p>    Video shows migrants running towards temporary camp in Ceuta\n  <\/p><\/div>\n<\/div>\n<\/article>\n<article id=\"abe-2926909-pos3-c-latest-stories\" class=\"the-media-object m-modeMobile-1 m-modeDesktop-1 m-modeXL-1\" data-nid=\"2926909\" data-cid=\"9919488\" data-part-label=\"Partner content\">\n<figure id=\"abe-2926909-label-pos3-c-latest-stories\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/91\/94\/88\/189x106_cmsv2_44bccbdd-3cc5-5e4b-a553-d27ec3a91454-9919488.jpg\" loading=\"lazy\" alt=\"A first responder operates a fire hose after a Russian attack on an industrial zone near Korosten, Zhytomyr Oblast. 18 September 2026.\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    Europe News<\/p>\n<div class=\"the-media-object__title  \">\n<p>    Russia launches fresh attacks on Kyiv and Kharkiv\n  <\/p><\/div>\n<\/div>\n<\/article>\n<article id=\"abe-2926547-pos4-c-latest-stories\" class=\"the-media-object m-modeMobile-1 m-modeDesktop-1 m-modeXL-1 the-media-object--has-video\" data-nid=\"2926547\" data-cid=\"9917614\" data-part-label=\"Partner content\">\n<figure id=\"abe-2926547-label-pos4-c-latest-stories\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/91\/76\/14\/189x106_cmsv2_ad7c9a3c-8082-5c90-a735-83a433e8317e-9917614.jpg\" loading=\"lazy\" alt=\"Simon Harris, T\u00e1naiste of Ireland, during a Euronews interview in Dublin on 18 September, 2026. \" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    12 minutes with<\/p>\n<div class=\"the-media-object__title  \">\n<p>    Irish Finance Minister says Hormuz closure causing energy crisis\n  <\/p><\/div>\n<\/div>\n<\/article>\n<article id=\"abe-2926929-pos1-c-latest-stories-sidebar\" class=\"the-media-object m-modeMobile-2 m-modeDesktop-2 m-modeXL-2\" data-nid=\"2926929\" data-cid=\"9919533\" data-part-label=\"Partner content\">\n<figure id=\"abe-2926929-label-pos1-c-latest-stories-sidebar\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/91\/95\/33\/189x106_cmsv2_21e3939c-3bd3-5487-9653-083bb3c89eb7-9919533.jpg\" loading=\"lazy\" alt=\"President Donald Trump and President Biden during a presidential debate hosted by CNN. 27 June 2024\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    USA<\/p>\n<div class=\"the-media-object__title  \">\n<p>    Trump threatens to ban three news organisations from the White House\n  <\/p><\/div>\n<\/div>\n<\/article>\n<article id=\"abe-2926910-pos2-c-latest-stories-sidebar\" class=\"the-media-object m-modeMobile-2 m-modeDesktop-2 m-modeXL-2 the-media-object--has-video\" data-nid=\"2926910\" data-cid=\"9919489\" data-part-label=\"Partner content\">\n<figure id=\"abe-2926910-label-pos2-c-latest-stories-sidebar\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/91\/94\/89\/189x106_cmsv2_6ed72a21-509d-53b2-b54b-9026bfb6e408-9919489.jpg\" loading=\"lazy\" alt=\"Migrants in Ceuta\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    Europe News<\/p>\n<div class=\"the-media-object__title  \">\n<p>    Video shows migrants running towards temporary camp in Ceuta\n  <\/p><\/div>\n<\/div>\n<\/article>\n<article id=\"abe-2926909-pos3-c-latest-stories-sidebar\" class=\"the-media-object m-modeMobile-2 m-modeDesktop-2 m-modeXL-2\" data-nid=\"2926909\" data-cid=\"9919488\" data-part-label=\"Partner content\">\n<figure id=\"abe-2926909-label-pos3-c-latest-stories-sidebar\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/91\/94\/88\/189x106_cmsv2_44bccbdd-3cc5-5e4b-a553-d27ec3a91454-9919488.jpg\" loading=\"lazy\" alt=\"A first responder operates a fire hose after a Russian attack on an industrial zone near Korosten, Zhytomyr Oblast. 18 September 2026.\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    Europe News<\/p>\n<div class=\"the-media-object__title  \">\n<p>    Russia launches fresh attacks on Kyiv and Kharkiv\n  <\/p><\/div>\n<\/div>\n<\/article>\n<article id=\"abe-2926547-pos4-c-latest-stories-sidebar\" class=\"the-media-object m-modeMobile-2 m-modeDesktop-2 m-modeXL-2 the-media-object--has-video\" data-nid=\"2926547\" data-cid=\"9917614\" data-part-label=\"Partner content\">\n<figure id=\"abe-2926547-label-pos4-c-latest-stories-sidebar\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/91\/76\/14\/189x106_cmsv2_ad7c9a3c-8082-5c90-a735-83a433e8317e-9917614.jpg\" loading=\"lazy\" alt=\"Simon Harris, T\u00e1naiste of Ireland, during a Euronews interview in Dublin on 18 September, 2026. \" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    12 minutes with<\/p>\n<div class=\"the-media-object__title  \">\n<p>    Irish Finance Minister says Hormuz closure causing energy crisis\n  <\/p><\/div>\n<\/div>\n<\/article>\n<article class=\"helper-site-row o-article-newsy\">\n<div class=\"helper-site-container o-article-newsy__container\">\n<div class=\"o-article-newsy__main\">\n<header class=\"h-grid o-article-newsy__main__header\">\n<nav aria-label=\"Breadcrumbs\" class=\"c-article-breadcrumbs\">\n<div id=\"adb-article-breadcrumb\" class=\"c-article-breadcrumbs__list\">\n<p>                          Business<\/p>\n<p>                          Economy<\/p><\/div>\n<\/nav>\n<h1 class=\"c-article-redesign-title\">\n                            What to expect from the Trump-Xi summit, from tariffs to a possible $30 billion deal<\/h1>\n<div class=\"c-article-image-video u-position-relative \">\n<div class=\"js-superdiv u-aspect-ratio-16x9 u-position-relative \" data-controller=\"video-player\" data-sponsored=\"Partner content\"><img fetchpriority=\"high\" decoding=\"async\" class=\"js-poster-img c-article-media__img\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/91\/85\/26\/1536x864_cmsv2_57230ea8-b4be-590e-a659-facbd6508f82-9918526.jpg\" width=\"1536\" height=\"864\" loading=\"eager\" alt=\"FILE. US President Donald Trump participates in a friendship walk through Zhongnanhai Garden with Chinese President Xi Jinping in Beijing, 15 May 2026\"><\/div>\n<div class=\"c-article-caption u-position-absolute\"><i id=\"article-caption-content\" class=\"c-article-caption__content\"><span class=\"c-article-caption__text\"><br \/>\n              FILE. US President Donald Trump participates in a friendship walk through Zhongnanhai Garden with Chinese President Xi Jinping in Beijing, 15 May 2026<br \/>\n                    <span class=\"u-color-white\">&#8211;\u00a0<\/span><span class=\"c-article-caption__copyright\">Copyright\u00a0<\/span><span class=\"c-article-caption__credit\">Evan Vucci\/Pool Photo via AP<\/span><\/span><\/i><\/div>\n<div class=\"c-article-image-copyright c-article-image-copyright--novideo\">\n      Copyright\u00a0Evan Vucci\/Pool Photo via AP\n  <\/div>\n<\/div>\n<\/header>\n<div class=\"h-grid o-article-newsy__main__body u-article-content\">\n<div class=\"o-article-newsy__contributors-publication-date\">\n<div class=\"c-article-contributors\">\n  By&amp;nbspQuirino Mealha\n<\/div>\n<div class=\"c-article-publication-date\" data-timestamp=\"1789743810\">\n         Published on<br \/>\n            <time datetime=\"2026-09-18 17:03:30 +02:00\">18\/09\/2026 &#8211; 17:03 GMT+2<\/time><\/div>\n<\/div>\n<div class=\"c-article-share-comment u-align-items-center u-display-flex\"><span class=\"c-article-share-comment__links u-align-items-center u-display-flex u-justify-content-center js-c-article-share-comment-share\"><span class=\"c-article-share-comment__label\">Share<\/span><\/span><span class=\"c-article-share-comment__label\">Comments<\/span><span class=\"c-article-share-comment__label c-article-share-comment__label--always\">Add Euronews on Google<\/span><\/div>\n<div class=\"c-article-share-comment-popup-overlay js-c-article-share-comment-popup-overlay u-display-none\">\n<div id=\"js-c-article-share-comment-popup\" class=\"c-article-share-comment-popup js-c-article-share-comment-popup\">\n<div class=\"c-article-share-comment-popup__header u-display-flex\"><span>Share<\/span><img decoding=\"async\" src=\"https:\/\/static.euronews.com\/website\/images\/vector\/icon-close.svg\" width=\"24\" height=\"24\" alt=\"Close Button\" class=\"u-cursor-pointer js-c-article-share-comment-close\" loading=\"lazy\"><\/div>\n<div class=\"c-article-share-comment-popup__content u-display-flex\">\n<div id=\"share-comment-popup-content-container\" class=\"c-article-share-comment-popup__content__container u-display-flex\"><span class=\"u-display-flex u-gap-1 u-show-for-mobile-only\"><img decoding=\"async\" src=\"https:\/\/static.euronews.com\/website\/images\/vector\/social-icons\/article-redesign-facebook.svg\" width=\"24\" height=\"24\" alt=\"facebook\" loading=\"lazy\"><span>Facebook<\/span><\/span><img decoding=\"async\" src=\"https:\/\/static.euronews.com\/website\/images\/vector\/social-icons\/article-redesign-facebook.svg\" width=\"48\" height=\"48\" alt=\"facebook\" class=\"u-show-for-desktop\" loading=\"lazy\"><span class=\"u-display-flex u-gap-1 u-show-for-mobile-only\"><img decoding=\"async\" src=\"https:\/\/static.euronews.com\/website\/images\/vector\/social-icons\/article-redesign-twitter.svg\" width=\"24\" height=\"24\" alt=\"twitter\" loading=\"lazy\"><span>Twitter<\/span><\/span><img decoding=\"async\" src=\"https:\/\/static.euronews.com\/website\/images\/vector\/social-icons\/article-redesign-twitter.svg\" width=\"48\" height=\"48\" alt=\"twitter\" class=\"u-show-for-desktop\" loading=\"lazy\"><span class=\"u-display-flex u-gap-1 u-show-for-mobile-only\"><img decoding=\"async\" src=\"https:\/\/static.euronews.com\/website\/images\/vector\/social-icons\/article-redesign-flipboard.svg\" width=\"24\" height=\"24\" alt=\"flipboard\" loading=\"lazy\"><span>Flipboard<\/span><\/span><img decoding=\"async\" src=\"https:\/\/static.euronews.com\/website\/images\/vector\/social-icons\/article-redesign-flipboard.svg\" width=\"48\" height=\"48\" alt=\"flipboard\" class=\"u-show-for-desktop\" loading=\"lazy\"><span class=\"u-display-flex u-gap-1 u-show-for-mobile-only\"><img decoding=\"async\" src=\"https:\/\/static.euronews.com\/website\/images\/vector\/social-icons\/article-redesign-send.svg\" width=\"24\" height=\"24\" alt=\"send\" loading=\"lazy\"><span>Send<\/span><\/span><img decoding=\"async\" src=\"https:\/\/static.euronews.com\/website\/images\/vector\/social-icons\/article-redesign-send.svg\" width=\"48\" height=\"48\" alt=\"send\" class=\"u-show-for-desktop\" loading=\"lazy\"><span class=\"u-display-flex u-gap-1 u-show-for-mobile-only\"><img decoding=\"async\" src=\"https:\/\/static.euronews.com\/website\/images\/vector\/social-icons\/article-redesign-reddit.svg\" width=\"24\" height=\"24\" alt=\"reddit\" loading=\"lazy\"><span>Reddit<\/span><\/span><img decoding=\"async\" src=\"https:\/\/static.euronews.com\/website\/images\/vector\/social-icons\/article-redesign-reddit.svg\" width=\"48\" height=\"48\" alt=\"reddit\" class=\"u-show-for-desktop\" loading=\"lazy\"><span class=\"u-display-flex u-gap-1 u-show-for-mobile-only\"><img decoding=\"async\" src=\"https:\/\/static.euronews.com\/website\/images\/vector\/social-icons\/article-redesign-linkedin.svg\" width=\"24\" height=\"24\" alt=\"linkedin\" loading=\"lazy\"><span>Linkedin<\/span><\/span><img decoding=\"async\" src=\"https:\/\/static.euronews.com\/website\/images\/vector\/social-icons\/article-redesign-linkedin.svg\" width=\"48\" height=\"48\" alt=\"linkedin\" class=\"u-show-for-desktop\" loading=\"lazy\"><span class=\"u-display-flex u-gap-1 u-show-for-mobile-only\"><img decoding=\"async\" src=\"https:\/\/static.euronews.com\/website\/images\/vector\/social-icons\/article-redesign-messenger.svg\" width=\"24\" height=\"24\" alt=\"messenger\" loading=\"lazy\"><span>Messenger<\/span><\/span><img decoding=\"async\" src=\"https:\/\/static.euronews.com\/website\/images\/vector\/social-icons\/article-redesign-messenger.svg\" width=\"48\" height=\"48\" alt=\"messenger\" class=\"u-show-for-desktop\" loading=\"lazy\"><span class=\"u-display-flex u-gap-1 u-show-for-mobile-only\"><img decoding=\"async\" src=\"https:\/\/static.euronews.com\/website\/images\/vector\/social-icons\/article-redesign-telegram.svg\" width=\"24\" height=\"24\" alt=\"telegram\" loading=\"lazy\"><span>Telegram<\/span><\/span><img decoding=\"async\" src=\"https:\/\/static.euronews.com\/website\/images\/vector\/social-icons\/article-redesign-telegram.svg\" width=\"48\" height=\"48\" alt=\"telegram\" class=\"u-show-for-desktop\" loading=\"lazy\"><span class=\"u-display-flex u-gap-1 u-show-for-mobile-only\"><img decoding=\"async\" src=\"https:\/\/static.euronews.com\/website\/images\/vector\/social-icons\/article-redesign-vk.svg\" width=\"24\" height=\"24\" alt=\"vk\" loading=\"lazy\"><span>VK<\/span><\/span><img decoding=\"async\" src=\"https:\/\/static.euronews.com\/website\/images\/vector\/social-icons\/article-redesign-vk.svg\" width=\"48\" height=\"48\" alt=\"vk\" class=\"u-show-for-desktop\" loading=\"lazy\"><span class=\"u-display-flex u-gap-1 u-show-for-mobile-only\"><img decoding=\"async\" src=\"https:\/\/static.euronews.com\/website\/images\/vector\/social-icons\/article-redesign-bluesky.svg\" width=\"24\" height=\"24\" alt=\"bluesky\" loading=\"lazy\"><span>Bluesky<\/span><\/span><img decoding=\"async\" src=\"https:\/\/static.euronews.com\/website\/images\/vector\/social-icons\/article-redesign-bluesky.svg\" width=\"48\" height=\"48\" alt=\"bluesky\" class=\"u-show-for-desktop\" loading=\"lazy\"><span class=\"u-display-flex u-gap-1 u-show-for-mobile-only\"><img decoding=\"async\" src=\"https:\/\/static.euronews.com\/website\/images\/vector\/social-icons\/article-redesign-threads.svg\" width=\"24\" height=\"24\" alt=\"threads\" loading=\"lazy\"><span>Threads<\/span><\/span><img decoding=\"async\" src=\"https:\/\/static.euronews.com\/website\/images\/vector\/social-icons\/article-redesign-threads.svg\" width=\"48\" height=\"48\" alt=\"threads\" class=\"u-show-for-desktop\" loading=\"lazy\"><span class=\"u-display-flex u-gap-1 u-show-for-mobile-only\"><img decoding=\"async\" src=\"https:\/\/static.euronews.com\/website\/images\/vector\/social-icons\/article-redesign-whatsapp.svg\" width=\"24\" height=\"24\" alt=\"whatsapp\" loading=\"lazy\"><span>Whatsapp<\/span><\/span><img decoding=\"async\" src=\"https:\/\/static.euronews.com\/website\/images\/vector\/social-icons\/article-redesign-whatsapp.svg\" width=\"48\" height=\"48\" alt=\"whatsapp\" class=\"u-show-for-desktop\" loading=\"lazy\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<h2 class=\"c-article-summary\">\n        Chinese President Xi Jinping is expected to hold talks with US President Donald Trump in Washington next week, with an expiring trade truce, tens of billions in tariff relief and AI all on the table as both economies need the relationship to hold.<br \/>\n    <\/h2>\n<div class=\"c-article-content c-article-content--business js-article-content\">\n<p>This is the return leg.<\/p>\n<div>\n<div class=\"c-ad u-show-for-mobile-only\">\n<div class=\"c-ad__placeholder\"><img decoding=\"async\" class=\"c-ad__placeholder__logo\" src=\"https:\/\/static.euronews.com\/website\/images\/logos\/logo-euronews-stacked-outlined-72x72-grey-9.svg\" width=\"72\" height=\"72\" alt loading=\"lazy\"><span>ADVERTISEMENT<\/span><\/div>\n<\/div>\n<div class=\"c-ad u-show-for-desktop\">\n<div class=\"c-ad__placeholder\"><img decoding=\"async\" class=\"c-ad__placeholder__logo\" src=\"https:\/\/static.euronews.com\/website\/images\/logos\/logo-euronews-stacked-outlined-72x72-grey-9.svg\" width=\"72\" height=\"72\" alt loading=\"lazy\"><span>ADVERTISEMENT<\/span><\/div>\n<\/div>\n<\/div>\n<p>US President Donald Trump went to Beijing in May, and Chinese President Xi Jinping is now expected to come to him, scheduled to arrive next Wednesday and depart on Friday with his wife, Peng Liyuan, skipping the UN General Assembly entirely.<\/p>\n<p>Beijing has not yet given the final confirmation, pending the meeting between US Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng this weekend.<\/p>\n<p>The expected visit to Washington is Xi&#8217;s first since 2015, and two US- China state visits within five months are highly unusual. However, expectations are modest by design.<\/p>\n<p>&#8220;The visit is the message,&#8221; said Edgard Kagan, senior adviser in China studies at the Center for Strategic and International Studies (CSIS).<\/p>\n<p>&#8220;There&#8217;s been a surprising lack of signalling by either the White House or the PRC on major goals for the visit,&#8221; Kagan added.<\/p>\n<h2>What is actually on the table<\/h2>\n<p>The commercial substance starts before either leader speaks.<\/p>\n<p>Bessent meets Lifeng this weekend as the pair have conducted most of the practical negotiations, and their job is to have deliverables ready.<\/p>\n<p>The central one is the truce struck in Busan on 30 October 2025, which suspended Washington&#8217;s Affiliates Rule in exchange for continued Chinese exports of rare earths and critical minerals.<\/p>\n<p>It runs for one year and is due to expire roughly five weeks after the summit. Both sides want it extended, but not by the same amount.<\/p>\n<p>&#8220;The Chinese have wanted an agreement to extend the trade ceasefire through the end of the Trump administration,&#8221; said Scott Kennedy, trustee chair in Chinese business and economics at CSIS.<\/p>\n<p>&#8220;The Trump administration just wants to extend it for a few months to maintain leverage on China. I think they&#8217;ll end up somewhere in the middle, probably at about a year,&#8221; Kennedy estimated.<\/p>\n<div class=\"widget widget--type-image widget--size-fullwidth widget--animation-fade-in widget--align-center\" data-ratio=\"0.6665\">\n<div class=\"widget__wrapper\">\n<div class=\"widget__ratio widget__ratio--auto\">\n<div class=\"widget__contents\">\n<figure class=\"widget__figure\"><img decoding=\"async\" class=\"widgetImage__image\" loading=\"lazy\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/91\/85\/26\/808x539_cmsv2_fc01dfdb-7518-5d37-a1b3-375c228b92d5-9918526.jpg\" alt=\"US Treasury Secretary Scott Bessent talks with Chinese Vice Premier He Lifeng during a bilateral US-China meeting in Geneva, Switzerland, 10 May 2025\"><figcaption class=\"widget__caption\"><span class=\"widget__captionWrap\"><span class=\"widget__captionText\">US Treasury Secretary Scott Bessent talks with Chinese Vice Premier He Lifeng during a bilateral US-China meeting in Geneva, Switzerland, 10 May 2025<\/span><span class=\"widget__captionCredit\">Martial Trezzini\/Keystone via AP<\/span><\/span><\/figcaption><\/figure>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>Beijing expects more than a rollover.<\/p>\n<p>According to Kagan, the Chinese anticipate an announcement of around $30 billion (\u20ac26bn) in duty-free or low-tariff imports in return for fulfilling the purchase commitments they made in May, while Washington believes it will extract further purchases in return.<\/p>\n<p>Deals on agriculture and aircraft are likely, possibly with signing ceremonies attached, and Trump has previously hinted that Boeing could feature.<\/p>\n<h2>Two economies under strain<\/h2>\n<p>Trump faces midterms in November that will be fought on the cost of living, with diesel above $6 a gallon and inflation stuck at 3.4%. He needs wins that show up in prices.<\/p>\n<p>However, Xi&#8217;s problem is deeper.<\/p>\n<p>Retail sales grew just 0.4% in August, while fixed-asset investment contracted by 7.2% in the first eight months of 2026 compared with the same period in 2025. Beijing has also injected 360 billion yuan (\u20ac46bn) into state banks and insurers to keep credit flowing.<\/p>\n<p>The official growth target of 4.5% to 5% for China is the lowest in decades, and Kennedy suggests even that flatters the reality.<\/p>\n<div class=\"c-widget-related\" data-stories-id data-event=\"widget_related\">\n<div class=\"c-widget-related__title\"><b class=\"c-widget-related__title__text\" lang=\"en\">Related<\/b><\/div>\n<ul class=\"c-widget-related__list\" id=\"abe-article-related-1\">\n<li class=\"c-widget-related__item\">China injects over \u20ac45 billion into state banks and insurers as growth slows<\/li>\n<li class=\"c-widget-related__item\">China&#8217;s retail sales slow again as Beijing struggles to revive consumer spending<\/li>\n<\/ul>\n<\/div>\n<p>&#8220;China&#8217;s got a bunch of challenges,&#8221; he said, adding that &#8220;it&#8217;s growing very, very slowly, not 5% or anywhere close to it. It&#8217;s got a massive debt problem, unemployment is growing not just for young people, but for others.&#8221;<\/p>\n<p>Nonetheless, Kennedy argues the summit framework favours Beijing, describing the US strategy as having failed to constrain China in any meaningful way.<\/p>\n<h2>Business leaders on both sides<\/h2>\n<p>The state dinner, held under a tent on the White House lawn because the new ballroom is unfinished, will seat an unusual guest list.<\/p>\n<p>Sam Altman of OpenAI, Nvidia&#8217;s Jensen Huang, Qualcomm&#8217;s Cristiano Amon and Apple chairman Tim Cook are all expected, according to Politico, which cited four people familiar with the arrangements.<\/p>\n<p>They arrive amid an argument the AI industry is having with itself.<\/p>\n<p>Anthropic&#8217;s Dario Amodei published an essay this month urging labs to slow frontier development, a position Altman and Elon Musk both endorsed. Trump rejected it flatly, saying that &#8220;whoever wins AI wins&#8221;.<\/p>\n<p>Huang has dismissed catastrophic scenarios as hysterical while arguing that companies should police their own pace by stating that &#8220;if it&#8217;s not ready, just hold it back. You should go as fast as you can, but no faster than that.&#8221;<\/p>\n<div class=\"c-widget-related\" data-stories-id data-event=\"widget_related\">\n<div class=\"c-widget-related__title\"><b class=\"c-widget-related__title__text\" lang=\"en\">Related<\/b><\/div>\n<ul class=\"c-widget-related__list\" id=\"abe-article-related-2\">\n<li class=\"c-widget-related__item\">Anthropic CEO Dario Amodei calls on AI companies to slow down development amid superintelligence risks<\/li>\n<li class=\"c-widget-related__item\">Protesters target OpenAI and Anthropic in San Francisco over AI safety fears<\/li>\n<\/ul>\n<\/div>\n<p>Anthropic declined to say whether it had been invited. Altman, for his part, has suggested Trump and Xi could earn a Nobel Peace Prize if they reach an agreement on AI, which gives some measure of how much the industry has riding on the meeting.<\/p>\n<p>Xi is reportedly bringing his own delegation, and Kennedy calls it one of the most interesting unknowns of the week, with BYD&#8217;s leadership among the names rumoured.<\/p>\n<p>Whether those executives are given any platform, he notes, is among the few genuinely unclear elements of the visit.<\/p>\n<h2>The geopolitics that could derail it<\/h2>\n<p>Outside the economic and technology issues, the two leaders have different geopolitical priorities for the meeting.<\/p>\n<p>Iran is Trump&#8217;s.<\/p>\n<p>Washington launched Operation Economic Outcast in August to sever Tehran from the global financial system, and China remains Iran&#8217;s largest trading partner.<\/p>\n<p>Notably, Beijing has been buying more oil on the open market, which Kagan says reflects reduced purchases from Iran and could itself move prices.<\/p>\n<p>Taiwan is Xi&#8217;s.<\/p>\n<p>A $14 billion (\u20ac12bn) arms package for Taiwan was pre-approved by the US Congress in January but has not been formally notified, a delay interpreted as an attempt to avoid a probable irritant before this summit and, previously, ahead of Trump&#8217;s visit to China.<\/p>\n<p>Beijing certainly wants the freeze extended, and perhaps the decision reconsidered.<\/p>\n<\/div>\n<p>                                  Go to accessibility shortcuts<\/p>\n<div class=\"c-article-share-comment u-align-items-center u-display-flex\"><span class=\"c-article-share-comment__links u-align-items-center u-display-flex u-justify-content-center js-c-article-share-comment-share\"><span class=\"c-article-share-comment__label\">Share<\/span><\/span><span class=\"c-article-share-comment__label\">Comments<\/span><span class=\"c-article-share-comment__label c-article-share-comment__label--always\">Add Euronews on Google<\/span><\/div>\n<div id=\"adb-article-you-might-also-like\" class=\"perf-cv-auto c-article-you-might-also-like\">\n<h2 class=\"c-article-you-might-also-like__title\">\n        Read more<br \/>\n      <\/h2>\n<div class=\"c-article-you-might-also-like__container\">\n<article id=\"abe-2926767-pos0-c-article-you-might-also-like__item\" class=\"the-media-object m-modeMobile-1 m-modeDesktop-1 m-modeXL-1 the-media-object--has-video\" data-nid=\"2926767\" data-cid=\"9918723\" data-part-label=\"Partner content\">\n<figure id=\"abe-2926767-label-pos0-c-article-you-might-also-like__item\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/91\/87\/23\/480x270_cmsv2_6f54b497-4027-50ef-8e34-7712f675494a-9918723.jpg\" loading=\"lazy\" alt=\"File - Customers walk after shopping in a store of the French retailer Auchan in St. Petersburg, Russia, Thursday, 24 Oct. 2024. \" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    Business<\/p>\n<h3 class=\"the-media-object__title  \">\n<p>    Russia seizes control over assets of Nestle, French firms<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<article id=\"abe-2926531-pos1-c-article-you-might-also-like__item\" class=\"the-media-object m-modeMobile-1 m-modeDesktop-1 m-modeXL-1\" data-nid=\"2926531\" data-cid=\"9917518\" data-part-label=\"Partner content\">\n<figure id=\"abe-2926531-label-pos1-c-article-you-might-also-like__item\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/91\/75\/18\/480x270_cmsv2_d090df4e-4d6a-5c64-89d6-13371595c3d8-9917518.jpg\" loading=\"lazy\" alt=\"FILE - The headquarters of Bank of Japan (BOJ) is seen in Tokyo\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    Economy<\/p>\n<h3 class=\"the-media-object__title  \">\n<p>    Japan&#8217;s central bank raises benchmark interest rate to 1.25%<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<article id=\"abe-2926310-pos2-c-article-you-might-also-like__item\" class=\"the-media-object m-modeMobile-1 m-modeDesktop-1 m-modeXL-1\" data-nid=\"2926310\" data-cid=\"9916303\" data-part-label=\"Partner content\">\n<figure id=\"abe-2926310-label-pos2-c-article-you-might-also-like__item\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/91\/63\/03\/480x270_cmsv2_fc8106ec-41c1-56da-9a3a-b95cd132ad98-9916303.jpg\" loading=\"lazy\" alt=\"Canadian Prime Minister Mark Carney left, and European Commission President Ursula von der Leyen participate in a bilateral meeting, at the European Parliament in Strasbourg, \" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    Business<\/p>\n<h3 class=\"the-media-object__title  \">\n<p>    The &#8216;Canada effect&#8217;: Which European companies could win?<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<\/div>\n<\/div>\n<div class=\"perf-cv-auto\">\n<ul id=\"adb-article-tags\" class=\"c-tags-list\">\n<li class=\"c-tags-list__item\">\n<section class=\"tc-cta\" data-twig-component=\"Cta-default\">\n  AI<br \/>\n<\/section>\n<\/li>\n<li class=\"c-tags-list__item\">\n<section class=\"tc-cta\" data-twig-component=\"Cta-default\">\n  Donald Trump<br \/>\n<\/section>\n<\/li>\n<li class=\"c-tags-list__item\">\n<section class=\"tc-cta\" data-twig-component=\"Cta-default\">\n  Xi Jinping<br \/>\n<\/section>\n<\/li>\n<li class=\"c-tags-list__item\">\n<section class=\"tc-cta\" data-twig-component=\"Cta-default\">\n  International trade<br \/>\n<\/section>\n<\/li>\n<li class=\"c-tags-list__item\">\n<section class=\"tc-cta\" data-twig-component=\"Cta-default\">\n  White House<br \/>\n<\/section>\n<\/li>\n<li class=\"c-tags-list__item\">\n<section class=\"tc-cta\" data-twig-component=\"Cta-default\">\n  EU-China<br \/>\n<\/section>\n<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<div class=\"tp-vuukle\">\n<div class=\"c-vuukle-skeleton\" aria-hidden=\"true\">\n<div class=\"c-vuukle-skeleton__header\"><span class=\"c-vuukle-skeleton__title\">Comments<\/span><\/div>\n<\/div>\n<\/div>\n<\/div>\n<aside class=\"o-article-newsy__aside\">\n<div class=\"c-ad-wrapper o-article-newsy__aside__content-1\" data-ad-name=\"adzone-halfpage\">\n<div class=\"c-ad c-ad-halfpage u-show-for-desktop\">\n<div class=\"c-ad__placeholder\"><img loading=\"lazy\" decoding=\"async\" class=\"c-ad__placeholder__logo\" src=\"https:\/\/static.euronews.com\/website\/images\/logos\/logo-euronews-stacked-outlined-72x72-grey-9.svg\" width=\"72\" height=\"72\" alt><span>ADVERTISEMENT<\/span><\/div>\n<\/div>\n<div class=\"c-ad u-show-for-mobile-only\">\n<div class=\"c-ad__placeholder\"><img loading=\"lazy\" decoding=\"async\" class=\"c-ad__placeholder__logo\" src=\"https:\/\/static.euronews.com\/website\/images\/logos\/logo-euronews-stacked-outlined-72x72-grey-9.svg\" width=\"72\" height=\"72\" alt><span>ADVERTISEMENT<\/span><\/div>\n<\/div>\n<\/div>\n<div id=\"adb-article-top-stories\" class=\"perf-cv-auto c-top-stories\">\n<h2 class=\"c-top-stories__title\">Top stories<\/h2>\n<div class=\"c-top-stories__item\">\n<article id=\"abe-2926767-pos2-top-stories\" class=\"the-media-object m-modeMobile-2 m-modeDesktop-2 m-modeXL-2 the-media-object--has-video the-media-object--no-label\" data-nid=\"2926767\" data-cid=\"9918723\" data-part-label=\"Partner content\">\n<figure id=\"abe-2926767-label-pos2-top-stories\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/91\/87\/23\/320x180_cmsv2_6f54b497-4027-50ef-8e34-7712f675494a-9918723.jpg\" loading=\"lazy\" alt=\"File - Customers walk after shopping in a store of the French retailer Auchan in St. Petersburg, Russia, Thursday, 24 Oct. 2024. \" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    Russia seizes control over assets of Nestle, French firms<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<\/div>\n<div class=\"c-top-stories__item\">\n<article id=\"abe-2926753-pos3-top-stories\" class=\"the-media-object m-modeMobile-2 m-modeDesktop-2 m-modeXL-2 the-media-object--no-label\" data-nid=\"2926753\" data-cid=\"9918599\" data-part-label=\"Partner content\">\n<figure id=\"abe-2926753-label-pos3-top-stories\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/91\/85\/99\/320x180_cmsv2_cb5ccd11-7080-593f-81f4-dc5324ea3fb0-9918599.jpg\" loading=\"lazy\" alt=\"FILE. Revolut app shown on smartphone\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    Revolut considers dual New York and London listing for IPO<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<\/div>\n<div class=\"c-top-stories__item\">\n<article id=\"abe-2925664-pos4-top-stories\" class=\"the-media-object m-modeMobile-2 m-modeDesktop-2 m-modeXL-2 the-media-object--no-label\" data-nid=\"2925664\" data-cid=\"9913223\" data-part-label=\"Partner content\">\n<figure id=\"abe-2925664-label-pos4-top-stories\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/91\/32\/23\/320x180_cmsv2_a441302d-0c8a-5a70-aa93-8504ca14eb36-9913223.jpg\" loading=\"lazy\" alt=\"A pensioner waits to enter a bank as others stand in a queue to use an ATM of the branch in Athens, Thursday, July 9, 2015.\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    For how many years do Europeans receive a pension?<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<\/div>\n<div class=\"c-top-stories__item\">\n<article id=\"abe-2926531-pos5-top-stories\" class=\"the-media-object m-modeMobile-2 m-modeDesktop-2 m-modeXL-2 the-media-object--no-label\" data-nid=\"2926531\" data-cid=\"9917518\" data-part-label=\"Partner content\">\n<figure id=\"abe-2926531-label-pos5-top-stories\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/91\/75\/18\/320x180_cmsv2_d090df4e-4d6a-5c64-89d6-13371595c3d8-9917518.jpg\" loading=\"lazy\" alt=\"FILE - The headquarters of Bank of Japan (BOJ) is seen in Tokyo\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    Japan&#8217;s central bank raises benchmark interest rate to 1.25%<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<\/div>\n<div class=\"c-top-stories__item\">\n<article id=\"abe-2926808-pos6-top-stories\" class=\"the-media-object m-modeMobile-2 m-modeDesktop-2 m-modeXL-2 the-media-object--no-label\" data-nid=\"2926808\" data-cid=\"9919022\" data-part-label=\"Partner content\">\n<figure id=\"abe-2926808-label-pos6-top-stories\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/91\/88\/85\/320x180_cmsv2_76f6eb2f-d86a-5a27-b325-87fb9c771f12-9918885.jpg\" loading=\"lazy\" alt=\"The strike planned for next month coincides with the long weekend resulting from the 5 October public holiday\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    easyJet cabin crew in Portugal plan October and December strikes<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<\/div>\n<\/div>\n<div class=\"perf-cv-auto c-ad-wrapper o-article-newsy__aside__content-2\" data-ad-name=\"adzone-halfpage\">\n<div class=\"c-ad c-ad-halfpage u-show-for-desktop\">\n<div class=\"c-ad__placeholder\"><img loading=\"lazy\" decoding=\"async\" class=\"c-ad__placeholder__logo\" src=\"https:\/\/static.euronews.com\/website\/images\/logos\/logo-euronews-stacked-outlined-72x72-grey-9.svg\" width=\"72\" height=\"72\" alt><span>ADVERTISEMENT<\/span><\/div>\n<\/div>\n<div class=\"c-ad u-show-for-mobile-only\">\n<div class=\"c-ad__placeholder\"><img loading=\"lazy\" decoding=\"async\" class=\"c-ad__placeholder__logo\" src=\"https:\/\/static.euronews.com\/website\/images\/logos\/logo-euronews-stacked-outlined-72x72-grey-9.svg\" width=\"72\" height=\"72\" alt><span>ADVERTISEMENT<\/span><\/div>\n<\/div>\n<\/div>\n<div class=\"perf-cv-auto c-most-viewed\">\n<h2 class=\"c-most-viewed__title qa-section-title\">Most read<\/h2>\n<div class=\"c-most-viewed__list\">\n<div class=\"c-most-viewed__item\"><span class=\"c-most-viewed__item__number\">1<\/span><\/p>\n<article id=\"abe-2925664-pos1-mostViewed\" class=\"the-media-object m-modeMobile-3 m-modeDesktop-3 m-modeXL-3 the-media-object--has-related the-media-object--no-label\" data-nid=\"2925664\" data-cid=\"9913223\" data-part-label=\"Partner content\">\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    For how many years do Europeans receive a pension?<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<\/div>\n<div class=\"c-most-viewed__item\"><span class=\"c-most-viewed__item__number\">2<\/span><\/p>\n<article id=\"abe-2926767-pos2-mostViewed\" class=\"the-media-object m-modeMobile-3 m-modeDesktop-3 m-modeXL-3 the-media-object--has-video the-media-object--no-label\" data-nid=\"2926767\" data-cid=\"9918723\" data-part-label=\"Partner content\">\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    Russia seizes control over assets of Nestle, French firms<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<\/div>\n<div class=\"c-most-viewed__item\"><span class=\"c-most-viewed__item__number\">3<\/span><\/p>\n<article id=\"abe-2926208-pos3-mostViewed\" class=\"the-media-object m-modeMobile-3 m-modeDesktop-3 m-modeXL-3 the-media-object--no-label\" data-nid=\"2926208\" data-cid=\"9915784\" data-part-label=\"Partner content\">\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    Europe versus the US: The world\u2019s best cities in 2026 ranked<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<\/div>\n<div class=\"c-most-viewed__item\"><span class=\"c-most-viewed__item__number\">4<\/span><\/p>\n<article id=\"abe-2881864-pos4-mostViewed\" class=\"the-media-object m-modeMobile-3 m-modeDesktop-3 m-modeXL-3 the-media-object--has-video the-media-object--no-label\" data-nid=\"2881864\" data-cid=\"9701588\" data-part-label=\"Partner content\">\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    Europe Needs a New Mindset and the Courage to Act<br \/>\n  <\/h3>\n<div class=\"the-media-object__quote\">Partner content presented by <strong>PMI<\/strong><\/div>\n<\/div>\n<\/article>\n<\/div>\n<div class=\"c-most-viewed__item\"><span class=\"c-most-viewed__item__number\">5<\/span><\/p>\n<article id=\"abe-2926250-pos5-mostViewed\" class=\"the-media-object m-modeMobile-3 m-modeDesktop-3 m-modeXL-3 the-media-object--has-related the-media-object--no-label\" data-nid=\"2926250\" data-cid=\"9916047\" data-part-label=\"Partner content\">\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    German AI start-up spends millions to move parent company from the US<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"perf-cv-auto c-ad-wrapper o-article-newsy__aside__content-3\" data-ad-name=\"adzone-halfpage\">\n<div class=\"c-ad c-ad-halfpage u-show-for-desktop\">\n<div class=\"c-ad__placeholder\"><img loading=\"lazy\" decoding=\"async\" class=\"c-ad__placeholder__logo\" src=\"https:\/\/static.euronews.com\/website\/images\/logos\/logo-euronews-stacked-outlined-72x72-grey-9.svg\" width=\"72\" height=\"72\" alt><span>ADVERTISEMENT<\/span><\/div>\n<\/div>\n<div class=\"c-ad u-show-for-mobile-only\">\n<div class=\"c-ad__placeholder\"><img loading=\"lazy\" decoding=\"async\" class=\"c-ad__placeholder__logo\" src=\"https:\/\/static.euronews.com\/website\/images\/logos\/logo-euronews-stacked-outlined-72x72-grey-9.svg\" width=\"72\" height=\"72\" alt><span>ADVERTISEMENT<\/span><\/div>\n<\/div>\n<\/div>\n<\/aside>\n<\/div>\n<\/article>\n<article id=\"abe-2926767-pos0-c-article-you-might-also-like__item\" class=\"the-media-object m-modeMobile-1 m-modeDesktop-1 m-modeXL-1 the-media-object--has-video\" data-nid=\"2926767\" data-cid=\"9918723\" data-part-label=\"Partner content\">\n<figure id=\"abe-2926767-label-pos0-c-article-you-might-also-like__item\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/91\/87\/23\/480x270_cmsv2_6f54b497-4027-50ef-8e34-7712f675494a-9918723.jpg\" loading=\"lazy\" alt=\"File - Customers walk after shopping in a store of the French retailer Auchan in St. Petersburg, Russia, Thursday, 24 Oct. 2024. \" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    Business<\/p>\n<h3 class=\"the-media-object__title  \">\n<p>    Russia seizes control over assets of Nestle, French firms<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<article id=\"abe-2926531-pos1-c-article-you-might-also-like__item\" class=\"the-media-object m-modeMobile-1 m-modeDesktop-1 m-modeXL-1\" data-nid=\"2926531\" data-cid=\"9917518\" data-part-label=\"Partner content\">\n<figure id=\"abe-2926531-label-pos1-c-article-you-might-also-like__item\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/91\/75\/18\/480x270_cmsv2_d090df4e-4d6a-5c64-89d6-13371595c3d8-9917518.jpg\" loading=\"lazy\" alt=\"FILE - The headquarters of Bank of Japan (BOJ) is seen in Tokyo\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    Economy<\/p>\n<h3 class=\"the-media-object__title  \">\n<p>    Japan&#8217;s central bank raises benchmark interest rate to 1.25%<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<article id=\"abe-2926310-pos2-c-article-you-might-also-like__item\" class=\"the-media-object m-modeMobile-1 m-modeDesktop-1 m-modeXL-1\" data-nid=\"2926310\" data-cid=\"9916303\" data-part-label=\"Partner content\">\n<figure id=\"abe-2926310-label-pos2-c-article-you-might-also-like__item\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/91\/63\/03\/480x270_cmsv2_fc8106ec-41c1-56da-9a3a-b95cd132ad98-9916303.jpg\" loading=\"lazy\" alt=\"Canadian Prime Minister Mark Carney left, and European Commission President Ursula von der Leyen participate in a bilateral meeting, at the European Parliament in Strasbourg, \" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    Business<\/p>\n<h3 class=\"the-media-object__title  \">\n<p>    The &#8216;Canada effect&#8217;: Which European companies could win?<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<article id=\"abe-2926767-pos2-top-stories\" class=\"the-media-object m-modeMobile-2 m-modeDesktop-2 m-modeXL-2 the-media-object--has-video the-media-object--no-label\" data-nid=\"2926767\" data-cid=\"9918723\" data-part-label=\"Partner content\">\n<figure id=\"abe-2926767-label-pos2-top-stories\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/91\/87\/23\/320x180_cmsv2_6f54b497-4027-50ef-8e34-7712f675494a-9918723.jpg\" loading=\"lazy\" alt=\"File - Customers walk after shopping in a store of the French retailer Auchan in St. Petersburg, Russia, Thursday, 24 Oct. 2024. \" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    Russia seizes control over assets of Nestle, French firms<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<article id=\"abe-2926753-pos3-top-stories\" class=\"the-media-object m-modeMobile-2 m-modeDesktop-2 m-modeXL-2 the-media-object--no-label\" data-nid=\"2926753\" data-cid=\"9918599\" data-part-label=\"Partner content\">\n<figure id=\"abe-2926753-label-pos3-top-stories\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/91\/85\/99\/320x180_cmsv2_cb5ccd11-7080-593f-81f4-dc5324ea3fb0-9918599.jpg\" loading=\"lazy\" alt=\"FILE. Revolut app shown on smartphone\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    Revolut considers dual New York and London listing for IPO<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<article id=\"abe-2925664-pos4-top-stories\" class=\"the-media-object m-modeMobile-2 m-modeDesktop-2 m-modeXL-2 the-media-object--no-label\" data-nid=\"2925664\" data-cid=\"9913223\" data-part-label=\"Partner content\">\n<figure id=\"abe-2925664-label-pos4-top-stories\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/91\/32\/23\/320x180_cmsv2_a441302d-0c8a-5a70-aa93-8504ca14eb36-9913223.jpg\" loading=\"lazy\" alt=\"A pensioner waits to enter a bank as others stand in a queue to use an ATM of the branch in Athens, Thursday, July 9, 2015.\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    For how many years do Europeans receive a pension?<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<article id=\"abe-2926531-pos5-top-stories\" class=\"the-media-object m-modeMobile-2 m-modeDesktop-2 m-modeXL-2 the-media-object--no-label\" data-nid=\"2926531\" data-cid=\"9917518\" data-part-label=\"Partner content\">\n<figure id=\"abe-2926531-label-pos5-top-stories\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/91\/75\/18\/320x180_cmsv2_d090df4e-4d6a-5c64-89d6-13371595c3d8-9917518.jpg\" loading=\"lazy\" alt=\"FILE - The headquarters of Bank of Japan (BOJ) is seen in Tokyo\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    Japan&#8217;s central bank raises benchmark interest rate to 1.25%<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<article id=\"abe-2926808-pos6-top-stories\" class=\"the-media-object m-modeMobile-2 m-modeDesktop-2 m-modeXL-2 the-media-object--no-label\" data-nid=\"2926808\" data-cid=\"9919022\" data-part-label=\"Partner content\">\n<figure id=\"abe-2926808-label-pos6-top-stories\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/91\/88\/85\/320x180_cmsv2_76f6eb2f-d86a-5a27-b325-87fb9c771f12-9918885.jpg\" loading=\"lazy\" alt=\"The strike planned for next month coincides with the long weekend resulting from the 5 October public holiday\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    easyJet cabin crew in Portugal plan October and December strikes<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<article id=\"abe-2925664-pos1-mostViewed\" class=\"the-media-object m-modeMobile-3 m-modeDesktop-3 m-modeXL-3 the-media-object--has-related the-media-object--no-label\" data-nid=\"2925664\" data-cid=\"9913223\" data-part-label=\"Partner content\">\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    For how many years do Europeans receive a pension?<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<article id=\"abe-2926767-pos2-mostViewed\" class=\"the-media-object m-modeMobile-3 m-modeDesktop-3 m-modeXL-3 the-media-object--has-video the-media-object--no-label\" data-nid=\"2926767\" data-cid=\"9918723\" data-part-label=\"Partner content\">\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    Russia seizes control over assets of Nestle, French firms<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<article id=\"abe-2926208-pos3-mostViewed\" class=\"the-media-object m-modeMobile-3 m-modeDesktop-3 m-modeXL-3 the-media-object--no-label\" data-nid=\"2926208\" data-cid=\"9915784\" data-part-label=\"Partner content\">\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    Europe versus the US: The world\u2019s best cities in 2026 ranked<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<article id=\"abe-2881864-pos4-mostViewed\" class=\"the-media-object m-modeMobile-3 m-modeDesktop-3 m-modeXL-3 the-media-object--has-video the-media-object--no-label\" data-nid=\"2881864\" data-cid=\"9701588\" data-part-label=\"Partner content\">\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    Europe Needs a New Mindset and the Courage to Act<br \/>\n  <\/h3>\n<div class=\"the-media-object__quote\">Partner content presented by <strong>PMI<\/strong><\/div>\n<\/div>\n<\/article>\n<article id=\"abe-2926250-pos5-mostViewed\" class=\"the-media-object m-modeMobile-3 m-modeDesktop-3 m-modeXL-3 the-media-object--has-related the-media-object--no-label\" data-nid=\"2926250\" data-cid=\"9916047\" data-part-label=\"Partner content\">\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    German AI start-up spends millions to move parent company from the US<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<div class=\"articleBody\" data-key=\"articleBody\">This is the return leg.US President Donald Trump went to Beijing in May, and Chinese President Xi Jinping is now expected to come to him, scheduled to arrive next Wednesday and depart on Friday with his wife, Peng Liyuan, skipping the UN General Assembly entirely.Beijing has not yet given the final confirmation, pending the meeting between US Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng this weekend.The expected visit to Washington is Xi&#8217;s first since 2015, and two US- China state visits within five months are highly unusual. However, expectations are modest by design.&#8221;The visit is the message,&#8221; said Edgard Kagan, senior adviser in China studies at the Center for Strategic and International Studies (CSIS).&#8221;There&#8217;s been a surprising lack of signalling by either the White House or the PRC on major goals for the visit,&#8221; Kagan added.What is actually on the tableThe commercial substance starts before either leader speaks.Bessent meets Lifeng this weekend as the pair have conducted most of the practical negotiations, and their job is to have deliverables ready.The central one is the truce struck in Busan on 30 October 2025, which suspended Washington&#8217;s Affiliates Rule in exchange for continued Chinese exports of rare earths and critical minerals.It runs for one year and is due to expire roughly five weeks after the summit. Both sides want it extended, but not by the same amount.&#8221;The Chinese have wanted an agreement to extend the trade ceasefire through the end of the Trump administration,&#8221; said Scott Kennedy, trustee chair in Chinese business and economics at CSIS.&#8221;The Trump administration just wants to extend it for a few months to maintain leverage on China. I think they&#8217;ll end up somewhere in the middle, probably at about a year,&#8221; Kennedy estimated.Beijing expects more than a rollover.According to Kagan, the Chinese anticipate an announcement of around $30 billion (\u20ac26bn) in duty-free or low-tariff imports in return for fulfilling the purchase commitments they made in May, while Washington believes it will extract further purchases in return.Deals on agriculture and aircraft are likely, possibly with signing ceremonies attached, and Trump has previously hinted that Boeing could feature.Two economies under strainTrump faces midterms in November that will be fought on the cost of living, with diesel above $6 a gallon and inflation stuck at 3.4%. He needs wins that show up in prices.However, Xi&#8217;s problem is deeper.Retail sales grew just 0.4% in August, while fixed-asset investment contracted by 7.2% in the first eight months of 2026 compared with the same period in 2025. Beijing has also injected 360 billion yuan (\u20ac46bn) into state banks and insurers to keep credit flowing.The official growth target of 4.5% to 5% for China is the lowest in decades, and Kennedy suggests even that flatters the reality.&#8221;China&#8217;s got a bunch of challenges,&#8221; he said, adding that &#8220;it&#8217;s growing very, very slowly, not 5% or anywhere close to it. It&#8217;s got a massive debt problem, unemployment is growing not just for young people, but for others.&#8221;Nonetheless, Kennedy argues the summit framework favours Beijing, describing the US strategy as having failed to constrain China in any meaningful way.Business leaders on both sidesThe state dinner, held under a tent on the White House lawn because the new ballroom is unfinished, will seat an unusual guest list.Sam Altman of OpenAI, Nvidia&#8217;s Jensen Huang, Qualcomm&#8217;s Cristiano Amon and Apple chairman Tim Cook are all expected, according to Politico, which cited four people familiar with the arrangements.They arrive amid an argument the AI industry is having with itself.Anthropic&#8217;s Dario Amodei published an essay this month urging labs to slow frontier development, a position Altman and Elon Musk both endorsed. Trump rejected it flatly, saying that &#8220;whoever wins AI wins&#8221;.Huang has dismissed catastrophic scenarios as hysterical while arguing that companies should police their own pace by stating that &#8220;if it&#8217;s not ready, just hold it back. You should go as fast as you can, but no faster than that.&#8221;Anthropic declined to say whether it had been invited. Altman, for his part, has suggested Trump and Xi could earn a Nobel Peace Prize if they reach an agreement on AI, which gives some measure of how much the industry has riding on the meeting.Xi is reportedly bringing his own delegation, and Kennedy calls it one of the most interesting unknowns of the week, with BYD&#8217;s leadership among the names rumoured.Whether those executives are given any platform, he notes, is among the few genuinely unclear elements of the visit.The geopolitics that could derail itOutside the economic and technology issues, the two leaders have different geopolitical priorities for the meeting.Iran is Trump&#8217;s.Washington launched Operation Economic Outcast in August to sever Tehran from the global financial system, and China remains Iran&#8217;s largest trading partner.Notably, Beijing has been buying more oil on the open market, which Kagan says reflects reduced purchases from Iran and could itself move prices.Taiwan is Xi&#8217;s.A $14 billion (\u20ac12bn) arms package for Taiwan was pre-approved by the US Congress in January but has not been formally notified, a delay interpreted as an attempt to avoid a probable irritant before this summit and, previously, ahead of Trump&#8217;s visit to China.Beijing certainly wants the freeze extended, and perhaps the decision reconsidered.<\/div>\n<p>[analyse_source url=&#8221;https:\/\/www.euronews.com\/business\/2026\/09\/18\/what-to-expect-from-the-trump-xi-summit-from-tariffs-to-a-possible-30-billion-deal&#8221;]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[analyse_image type=&#8221;featured&#8221; src=&#8221;https:\/\/images.euronews.com\/articles\/stories\/09\/91\/85\/26\/1200x675_cmsv2_57230ea8-b4be-590e-a659-facbd6508f82-9918526.jpg&#8221;] USA Trump threatens to ban three news organisations from the White House Europe News Video shows migrants running towards temporary camp in Ceuta Europe News Russia launches fresh attacks on Kyiv and Kharkiv 12 minutes with Irish Finance Minister says Hormuz closure causing energy crisis USA Trump threatens to ban three news [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[90],"tags":[226,36],"class_list":["post-2152605","post","type-post","status-publish","format-standard","hentry","category-international","tag-crawlmanager","tag-euronews-com"],"_links":{"self":[{"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/posts\/2152605","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2152605"}],"version-history":[{"count":0,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/posts\/2152605\/revisions"}],"wp:attachment":[{"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2152605"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2152605"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2152605"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}