U.S. and Chinese leaders hold summit as trade policies and diplomatic tones diverge
U.S. President Donald Trump and Chinese President Xi Jinping held a summit in Beijing, during which Trump called Xi a friend and a state dinner was held at the Great Hall of the People. Meanwhile, Trump Jr. said he would not invest in China and called it foolish to pretend China is an ally. Trump warned the U.K. that doing business with China would be very dangerous. Xi Jinping urged the U.S. and
U.S. President Donald Trump and Chinese President Xi Jinping held a summit in Beijing, during which Trump called Xi a friend and a state dinner was held at the Great Hall of the People. Chinese President Xi Jinping called for the United States and China to work together as 'partners' rather than 'rivals' and said that if Taiwan is handled well, U.S.-China relations 'will enjoy overall stability'. Donald Trump Jr. said he would not invest in China and that it would be foolish to pretend China is an ally. U.S. President Donald Trump warned the U.K. that it would be very dangerous for the country to do business with China. The Trump administration's approach toward China on national security continues a hardline stance previously intensified by the Biden administration, including an executive order that subjects investments from 'foreign adversaries,' especially China, to greater scrutiny. China agreed to halve its import tariffs on British whisky to 5% from 10% and confirmed visa-free travel for British nationals visiting China for under 30 days. British drugmaker AstraZeneca will invest $15 billion in China through 2030. British Prime Minister Keir Starmer is on a 4-day visit to China, the first trip by a British prime minister in eight years.
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