"More than a dozen United States business leaders have joined President Donald Trump on his state visit to China, where he is discussing issues including trade, technology and artificial intelligence (AI) with Chinese President Xi Jinping. Upon arrival in Beijing on Wednesday, Trump introduced the group by telling Xi that they were all distinguished representatives from the American business community who all respect and value China, according to China's Xinhua news agency."
"The group told Xi that they highly value the Chinese market and hope to do more business in the country. The Chinese president responded by welcoming more mutually beneficial cooperation and assured them that American companies will have broader prospects in China. The visit comes amid a long-simmering trade war between the two countries, after Trump's sweeping tariffs last year triggered tit-for-tat levies that exceeded 100 percent."
"The two leaders are set to discuss extending a one-year truce on tariffs and the export of Chinese rare earth metals, agreements reached during their last meeting in South Korea in October last year. As the US president was greeted with flowers and flags on a red carpet, the CEOs walked behind him as potent reminders of the business deals he hopes to sign between the world's biggest economies."
"The delegation largely consists of US executives seeking to resolve issues with Beijing. SpaceX and Tesla's Elon Musk, Apple's Tim Cook and Goldman Sachs's David Solomon are among the top business executives accompanying Trump on his visit. Musk, who also owns the social media platform X, travelled to China on Air Force One with Trump despite having feuded with the president last year in a war of words."
More than a dozen US business leaders accompanied President Donald Trump on a state visit to China, where he met Chinese President Xi Jinping to discuss trade, technology, and artificial intelligence. Trump introduced the executives as representatives of the American business community who respect and value China. The group said it highly values the Chinese market and hopes to do more business there. Xi welcomed more mutually beneficial cooperation and said American companies would have broader prospects in China. The visit occurs during an ongoing trade war marked by sweeping US tariffs and retaliatory Chinese levies exceeding 100 percent. Trump and Xi are set to discuss extending a one-year tariff truce and agreements on the export of Chinese rare earth metals reached previously.
Read at www.aljazeera.com
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