Trump Arrives in Beijing for Xi Talks on Trade and Geopolitics

US President Donald Trump has arrived in Beijing for a three-day state visit to China, marking the first visit by a US president since 2017. The visit comes amidst ongoing tensions between Washington and Beijing over trade, tariffs, Taiwan, and the Middle East.

The summit will take place on May 14 at the Great Hall of the People in Beijing, where Trump and Xi Jinping will discuss key issues including trade and tariffs, as well as Taiwan and Iran. The talks are expected to have a significant impact on the global economy, particularly the crypto market, which has been closely watching developments.

Nvidia Chief Executive Officer Jensen Huang joined Trump's China trip after the visit had already begun, fueling speculation that prospects may be improving for supplies of the H200 artificial intelligence chip to China. The US administration has in principle blocked exports to China of high-performance chips such as the H200, but has expressed willingness to ease restrictions if Nvidia pays a 25% fee.