Trump's Beijing summit is a major win for American business, bringing together the sharpest minds in tech, finance and manufacturing to push China to open its markets. Having Jensen Huang, Tim Cook and a dozen other top executives at the table signals that the US is serious about securing fair access for American firms. This is exactly the kind of deal-making leadership that puts American economic interests first.
Trump is heading into Beijing weakened by a costly war in Iran, soaring energy prices and a public that's skeptical of his leadership — hardly a position of strength for extracting concessions. Ordinary Chinese citizens see the visit as proof of China's rising clout, not American leverage. With Taiwan potentially on the chopping block and expectations low on all sides, this summit looks more like damage control than a triumph.
There's a 35% chance that the US and China will jointly announce a new bilateral trade agreement in 2026, according to the Metaculus prediction community.
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