Xi Meets Trump in Washington: Trade, AI, Iran on Agenda

Chinese President Xi Jinping arrived in Washington on Wednesday for a state visit, where he met US President Donald Trump. The talks focus on trade, artificial intelligence, and the Iran conflict, with the extension of a trade truce announced. US Treasury Secretary Scott Bessent confirmed the so-called Busan Agreement, suspending additional tariffs, has been extended until January 10. The deal, originally set to expire November 10, also prevents China from expanding export controls on rare earth minerals, which had impacted European companies. Xi stated China and the US should be partners, not rivals. The visit includes a state banquet with tech leaders like Nvidia's Jensen Huang. Key disputes include US semiconductor export controls, China's rare earth restrictions, and US weapons sales to Taiwan.