Trump, Xi seek trade stability and deals, but AI, tariffs and Iran loom large. What to watch
Trump, facing low approval on the economy ahead of the midterm election, has an added incentive to emerge from the summit with China's Xi touting trade wins.
TL;DR
- Trump and Xi are meeting to bolster trade stability and economic gains.
- Discussions on artificial intelligence, U.S. tariffs, and Iran sanctions could impact the summit's outcomes.
- A trade truce agreed upon last year is set to expire shortly after the U.S. election.
- Both countries continue to impose high tariffs, affecting trade volume.
- Artificial intelligence is a key competitive area and a top agenda item.
- U.S. sanctions against Iran, China's top trading partner, are also a point of discussion.
- The summit will be attended by numerous top business executives.