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Trump leaves Beijing after modest China summit, trade truce holds

Trump said he struck “fantastic trade deals” with Xi Jinping, but Beijing did not back up most of the claims. The summit mainly extended a fragile trade truce.

Sarah Chen··2 min read
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Trump leaves Beijing after modest China summit, trade truce holds
Source: cloudfront-us-east-1.images.arcpublishing.com

Trump left Beijing touting “fantastic trade deals” with Xi Jinping, but the public record from the two-day summit was thin, and Chinese officials stopped short of confirming most of his claims. The meeting on May 14 and 15, 2026, was billed in Washington and Beijing as an effort to steady a relationship strained by last year’s trade war and to preserve the October 2025 truce that lowered tariffs and rolled back some rare-earths restrictions.

Trump said the sides had settled “a lot of different problems,” and he told reporters that American farmers would be happy because China would buy “billions of dollars” of soybeans. He also said Beijing had agreed to buy American planes and other agricultural products. But he gave no detailed list of signed agreements, no timing for the purchases and no volume targets for the soybean commitment. The Chinese foreign ministry did not confirm or deny the statements when asked after the summit.

AI-generated illustration
AI-generated illustration

The most concrete results appeared to be diplomatic rather than commercial. State media described the relationship as a new framework of “constructive strategic stability” for the next three years, and both sides signaled they wanted another meeting later in 2026. That leaves the truce intact for now, but still without the kind of sector-by-sector deal language that would show up in customs orders, farm contracts or aircraft purchase schedules.

The summit also produced little public progress on several of the most sensitive disputes. Trump said the leaders did not discuss tariffs, even though trade remained the central issue surrounding the trip. He said he made no commitment on Taiwan arms sales and would decide later. China did not announce any breakthrough on Taiwan, political prisoners in China or a broader trade framework beyond the stability language.

Trump’s comments after the first day added another layer of uncertainty. He said Xi had agreed to help open the Strait of Hormuz and that China wanted to buy U.S. oil, but there was no formal announcement on energy cooperation. Analysts said the outcomes so far looked modest, despite the sharper rhetoric around a “fantastic” breakthrough. For now, the summit’s main significance is that it kept the trade truce from unraveling, even as the gap between presidential praise and verifiable substance remained wide.

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