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Trump hosts Xi Jinping for summit to ease U.S.-China tensions

President Trump hosted Chinese President Xi Jinping for a two-day summit aimed at easing U.S.-China tensions over trade, Taiwan, and climate issues following a year of escalating tariffs. Both leaderโ€ฆ

Trump hosts Chinaโ€™s leader at high-stakes summit
NBC News โ€” 23 September 2026
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President Donald Trump welcomed Chinese President Xiโ€ฏJinping to the White House on Tuesday for a twoโ€‘day summit aimed at easing the strain between the United States and Beijing. The meeting follows weeks of behindโ€‘theโ€‘scenes talks that set the agenda on trade, Taiwan, and climate cooperation. Both leaders arrived in Washington in the early morning, greeted by a small crowd of reporters and senior officials. The summit is the first highโ€‘level encounter between the two heads of state since the 2023 trade war escalated.

The timing reflects a shift in U.S. strategy after a year of rising tariffs and sanctions that hurt American farmers and tech firms. Congress passed a bipartisan bill last month that called for a reset of the relationship, citing concerns over supplyโ€‘chain security and the need to address Chinaโ€™s military buildup near Taiwan. In China, Xiโ€™s government has been under pressure to show it can engage with the West after a series of cyberโ€‘espionage accusations and a slowdown in its own economy. Both sides see the summit as a chance to lock in rules that could stabilize markets and reduce the risk of a miscalculation over Taiwan.

During the opening session, Trump said the United States wants โ€œfair trade, a level playing field, and peace in the Pacific.โ€ Xi echoed the sentiment, pledging โ€œmutual respect and winโ€‘win cooperation.โ€ Treasury Secretary Janet Yellen announced a tentative agreement to roll back a 15โ€ฏpercent tariff on certain Chinese goods if Beijing meets specific intellectualโ€‘property standards. Senate Majority Leader Chuck Schumer warned that any deal must be vetted by Congress, while Chinese Foreign Minister Wang Yi said the talks would โ€œlay the groundwork for a new era of partnership.โ€ Analysts noted that the climate chapter, which includes joint research on carbon capture, could be the most tangible outcome.

The next steps will involve detailed working groups on trade, technology, and security, set to meet in the coming weeks. If the agreements survive congressional scrutiny, they could be signed at a formal ceremony in late October. Observers say the summitโ€™s success or failure will shape global supply chains and the geopolitical balance for years. Both governments have signaled that they will keep lines of communication open, hoping to avoid another round of retaliatory measures. The world will be watching how quickly the two powers move from rhetoric to concrete policy.

Read Full Story at NBC News โ†’
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