Trump and Xi's Washington Summit: Key Issues and Stakes

President Donald Trump and Chinese President Xi Jinping will meet in Washington on Sept. 24, with trade, tariffs, Taiwan, the Iran war, and artificial intelligence expected to dominate their second meeting this year. Markets are watching for an extension of the U.S.-China tariff truce expiring Nov. 10, which halted escalation that pushed tariffs above 100%. Trade talks may cover agriculture, non-tariff barriers, and a proposed mutual tariff reduction on $30 billion of goods, with Trump seeking major Chinese purchases of Boeing aircraft and agricultural products. Beijing wants Washington to delay restrictions on advanced U.S. technology for Chinese firms, while Washington presses China on rare earth exports. Taiwan, Iran oil purchases, AI cooperation, and fentanyl precursor chemicals are also on the agenda.