Image: Kenny Holston
Chinese President Xi Jinping arrives in Washington, D.C., today for his first US state visit in over a decade, with Xi’s three-day agenda including official meetings with President Trump at the White House tomorrow.
How we got here: This time last year, the US and China were locked in a trade war that saw both countries impose sky-high tariffs, with Beijing also restricting exports of critical minerals used in key electronic components from EVs to fighter jets. Both countries have since backed away from those sweeping measures, while continuing to target individual companies and technologies.
A top priority for the US is keeping last year’s trade truce on track, under which the US has held off on new tariffs in exchange for China keeping critical minerals flowing. President Trump is expected to push Xi on those exports after a senior White House official said China’s performance has been “not up to par.”
On China’s agenda: Like Trump, analysts say Xi will likely pursue an extension of the current US-China trade truce, which would give the Chinese leader time to focus on a sluggish domestic economy.
The ongoing Iran war could complicate economic talks between both countries. China remains Iran’s largest oil buyer, even as the US has imposed sweeping secondary sanctions on nations who purchase oil from Iran.
AI is also a discussion point: US officials say they’ve proposed a system where Washington and Beijing would notify each other about AI incidents that rise to the level of a national security threat, though restrictions on advanced chips and chipmaking equipment wouldn’t be part of these talks.
Looking ahead…The next deadline in US-China trade talks comes November 10, when the current trade truce is set to expire, though a possible extension is on the table during this week’s talks.
📊 Flash poll: How should the US approach its economic relationship with China?

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