Please Follow us on Truth Social, X , Youtube , Minds, Telegram, Rumble, GETTR, Gab
President Donald Trump concluded the first day of his high-stakes summit with Chinese President Xi Jinping on Thursday by touting a significant new aircraft order for Boeing and revealing Chinese commitments to help resolve the ongoing crisis in the Strait of Hormuz.
Trump said Boeing had secured a firm order from China for 200 “big” jets, an increase from an initial figure of 150. The announcement came as the two leaders wrapped up bilateral talks and a state banquet in Beijing, with both sides highlighting progress on trade and strategic issues.
Speaking to Fox News late in the evening Beijing time, Trump said President Xi offered to use Beijing’s influence to pressure Iran to reopen the Strait of Hormuz, a critical chokepoint for global oil shipments that has remained closed amid escalating U.S.-Iran tensions. Trump also stated that Xi assured him China would not supply military equipment to Tehran.
The developments come as energy markets brace for potential disruptions. Continued closure of the strait could exacerbate global energy shocks if the situation persists.
Focus on Hormuz, Iran, and Trade
According to a White House readout, Trump and Xi agreed that the Strait of Hormuz must remain open to free navigation and that Iran should not impose fees on vessels transiting the waterway. The two leaders also reaffirmed that Iran must never be allowed to develop nuclear weapons. China further expressed interest in purchasing more U.S. oil, aiming to reduce its dependence on crude shipments through the volatile region.
The discussions extended to broader economic cooperation. The two sides addressed increasing Chinese purchases of American agricultural products, expanding market access for U.S. companies in China, and boosting Chinese investment in the United States. China also renewed import licenses for hundreds of U.S. beef plants, a move expected to benefit American farmers and ranchers.
Xi told executives from major U.S. companies — including Tesla’s Elon Musk, Apple’s Tim Cook, Boeing’s Kelly Ortberg, and Nvidia’s Jensen Huang — that American firms have benefited from China’s reform and opening-up policies, and that China’s door to the outside world “will only open wider.”
Taiwan and Long-Term Relations
On the sensitive issue of Taiwan, Xi warned Trump that U.S.-China relations could enter an “extremely dangerous place” if Washington disregards Beijing’s core demands. Despite the frank exchange, Xi described the overall relationship as stable and proposed building a “constructive and strategically stable” framework for bilateral ties over the next three years and beyond.
Trump, addressing the state banquet at the Great Hall of the People, called the day “fantastic” and thanked Xi for the “magnificent welcome” during the historic visit. He extended an invitation for Xi to visit Washington on September 24.
Xi, in a toast, raised a glass “to the bright future of China-U.S. relations, and the friendship between the two peoples.”
The two leaders also took time for a walk at an ancient temple in Beijing earlier in the day.
Market and Policy Context
Treasury Secretary Scott Bessent told CNBC that the U.S. and China are working to lower tariffs on select non-critical goods, beginning with roughly $30 billion in trade. He added that Chinese officials are actively engaged in efforts to reopen the Strait of Hormuz.
The summit has drawn significant attention from global markets, with analysts describing trading as subdued in a wait-and-see mode. UBS analysts noted limited expectations for major breakthroughs but highlighted the importance of the ongoing dialogue.
Day one of the Trump-Xi summit appears to have yielded tangible economic wins for U.S. industry alongside diplomatic progress on one of the world’s most volatile flashpoints. Further details from the multi-day visit are expected in the coming hours.
So disingenuous Lying Todd Wood. Any other person did what he did and you would have labeled them a part of the CCP. He got nothing. He probably just gave away Taiwan. You just stick your head further up his orange ass. Are you bought and owned by the “chicoms” as you like to accuse others? I think so!