High-Stakes Diplomacy: Trump Meets Xi with Top CEOs in Tow

U.S. President Donald Trump has commenced an ambitious diplomatic mission to China, accompanied by influential business leaders such as Nvidia CEO Jensen Huang. The trip includes significant summits with Chinese President Xi Jinping in Beijing, as the two nations seek to address pressing trade issues.

Amidst a challenging political climate marked by the ongoing Iran conflict and turbulent domestic dynamics, President Trump is focusing on securing major trade deals to alleviate American economic concerns. A key aim is to ease regulatory hurdles limiting U.S. companies like Nvidia in accessing the lucrative Chinese market.

Meanwhile, Treasury Secretary Scott Bessent has initiated preliminary discussions in South Korea, projecting the administration's commitment to maintaining the fragile trade truce established last October. Both countries are eager to stabilize and expand mutual trade engagements, addressing contentious topics such as semiconductor exports and balancing trade deficits.

(With inputs from agencies.)