Trump-Xi summit live: US president preparing to meet China's leader with trade, Taiwan and the Iran war set to dominate talks
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Trump-Xi summit live: US president preparing to meet China's leader with trade, Taiwan and the Iran war set to dominate talks
"According to a partial list provided by the White House: US secretary of state Marco Rubio, defence secretary Pete Hegseth and senior adviser Stephen Miller. Also onboard were Eric and Lara Trump, plus an array of White House advisers, strategists, speech writers and communications executives. (From left) Eric and Lara Trump, Oval Office operations director Walt Nauta and Marco Rubio in Washington DC as they prepared to leave for China. Photograph: Evelyn Hockstein/Reuters"
"One of Trump's pressing concerns as he visits Beijing is how to find a way to reopen the strait of Hormuz, through which half of China's crude oil passes. China has been more insulated from the energy shock than other Asian countries, thanks to its diversified energy mix and large stockpiles. But the risk of a global recession which the International Monetary Fund has warned is a possible outcome of the Iran war is a bigger threat to China's economy."
"About a fifth of China's GDP comes from exports. If the rest of the world is no longer able to spend money on goods, China will suffer. There's speculation Trump could use the summit to seek Beijing's help to end the war with China-allied Iran. But the US president told reporters before departing the White House on Tuesday: I don't think we need any help with Iran. We'll win it one way or the other peacefully or otherwise."
Trump travels to China on Air Force One with a large contingent of business leaders and White House personnel. A partial White House list includes Secretary of State Marco Rubio, Defense Secretary Pete Hegseth, and senior adviser Stephen Miller, along with Eric and Lara Trump and multiple advisers, strategists, speech writers, and communications executives. Trump’s pressing concern in Beijing is reopening the Strait of Hormuz, through which half of China’s crude oil passes. China is described as more insulated from energy shocks due to a diversified energy mix and large stockpiles. A larger threat is a global recession tied to the Iran war, which could reduce spending on exports and harm China’s economy. There is speculation about seeking Beijing’s help to end the war with Iran, but Trump says he does not need help and expects the outcome to be achieved peacefully or otherwise.
Read at www.theguardian.com
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