Xi-Trump summit: China’s state car has already proved a match for the US ‘Beast’
US President Donald Trump has made no secret of how little he agrees with his predecessor, Joe Biden, on many things. So, as Chinese President Xi Jinping is about to arrive in Washington on Wednesday, local time, there is one object that may offer a small moment of entertaining comparison between the two American leaders: Xi’s car. Xi is expected to bring his own ride – a custom-built Hongqi…
Chinese President Xi Jinping met with US President Donald Trump in Washington, as the two nations extend their trade truce for two months, according to Treasury Secretary Scott Bessent. The extension, set to last until January 10, follows a one-year trade truce initially agreed upon in South Korea last October. Despite this summit, optimism surrounding large-scale Boeing orders remains unmet, with negotiations for 200 planes taking precedence.
Boeing has suffered due to trade tensions, whereas Airbus has gained market share in China through a favorable relationship and a local final assembly line. The summit aims to address tariff reductions and trade restrictions, potentially leading to a comprehensive trade agreement. However, Reuters reports skepticism about Beijing committing to Boeing planes, as negotiations are still in flux.
The planemaker is focusing on finalizing a May deal for 200 planes, with final details potentially announced during the summit.
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