US President Donald Trump meets Chinese President Xi Jinping in Beijing for high-stakes talks that focus on trade, the Middle East and Taiwan. At the start of the summit, Xi tells Trump the two countries should be “partners not rivals” and calls stable ties beneficial for the world. However, Xi also warns that Taiwan is the “most important issue” in China-US relations and says mishandling it could lead to “collision” or “conflict.” Trump praises the reception and says he expects a better relationship, while also describing the talks as going “extremely positive.”

On Iran and regional security, the leaders discuss the Strait of Hormuz, with both sides saying it should remain open for free navigation and that shipping lanes should be reopened. White House-related accounts say China opposes militarizing the strait and does not want charges or tolls for transit; Trump says Xi indicates China will not provide military equipment to Iran. The Chinese side also calls for a comprehensive, lasting ceasefire.

Trade cooperation also features prominently. China renews export licenses for hundreds of US beef processing plants, a move tied to agriculture and potential broader commerce. Trump says talks produced “fantastic trade deals,” including that China agreed to buy Boeing jets, and both sides discuss agriculture, aviation, AI “guardrails,” and economic access. Plans also include an invitation for Xi to visit the United States later in 2026.