Trump Xi Summit 2026 Donald Trump claims fantastic trade deals with China during Beijing talks

US President Donald Trump said he had struck “fantastic trade deals” with Chinese President Xi Jinping during high-level talks in Beijing, describing the agreements as beneficial for both countries amid ongoing geopolitical tensions.

Speaking after final discussions at a major US-China summit in Beijing, Trump said the two sides had resolved several longstanding issues and made progress on trade, artificial intelligence, aviation and agriculture cooperation.

“We've made some fantastic trade deals, great for both countries,” Trump said after a meeting with Xi at Zhongnanhai, the Chinese leadership compound near the Forbidden City.

Trump praised Xi as a “great leader” and “friend”, while the Chinese president described the summit as a “milestone visit” that helped establish a relationship of “constructive strategic stability” between the world’s two largest economies.

The US President arrived in China seeking fresh economic agreements and strategic cooperation at a time of heightened global tensions, including the ongoing Middle East conflict and concerns over the Strait of Hormuz.

In an interview with Fox News after the first day of the summit, Trump claimed Xi had assured him that China would not provide military assistance to Iran amid the ongoing regional crisis. Trump also said Xi expressed support for reopening the Strait of Hormuz, one of the world’s most critical shipping routes.

According to Trump, China also showed interest in purchasing American oil, soybeans and Boeing aircraft. He claimed Xi agreed to buy around 200 Boeing jets as part of the evolving trade discussions.

US Treasury Secretary Scott Bessent said Washington and Beijing were also discussing “guardrails” for the use of artificial intelligence, indicating growing engagement between the two global AI powers despite existing US export restrictions on advanced technology.

The summit also touched upon the sensitive issue of Taiwan. Chinese state media reported that Xi warned against any US “missteps” over Taiwan, saying such actions could push both nations towards conflict.

US Secretary of State Marco Rubio later clarified that American policy on Taiwan remains unchanged following the talks.

The latest Trump-Xi summit comes amid efforts by both countries to stabilise relations after years of trade disputes, tariff battles and geopolitical rivalry.