Trump and Xi head into Washington summit, each betting time is on their side

President Donald Trump and Xi Jinping meet Thursday at the White House with a packed agenda, as both leaders believe time favors their side in the world's most significant economic and security competition. The two sides agreed Wednesday to extend a one-year trade truce for two months, while China resists U.S. pressure on Iran and Xi seeks permanent halts to Taiwan arms sales and chip export restrictions. Trump is hosting a state visit with tech executives including Jeff Bezos and Jensen Huang. Analysts expect no major breakthrough but a focus on small gains and conflict avoidance. China is nervous about Trump's geopolitical approach, while Trump may keep Taiwan arms sales paused through year-end.