Xi says US and China should be partners, not rivals

Chinese President Xi Jinping arrived in the United States for a three-day state visit, stating that China and the US "should be partners and not rivals," emphasizing their intertwined interests and potential for mutual benefit. During the visit, President Trump welcomed Xi at Joint Base Andrews with a lavish ceremony, marking their second summit in six months. Talks are expected to cover trade, technology, critical minerals, and broader relations, with a trade tariff truce extension agreed through January. US Treasury Secretary Scott Bessent confirmed the extension of the "Busan Agreement" to ease tariffs, while discussions on chip export licences and AI are anticipated. Washington has ruled out trading export controls on rare earths, though tariff reductions on non-strategic goods are under consideration.