Iran Conflict to Dominate Trump-Xi Summit, Likely Stalling Trade and Tariff Negotiations

Story Summary
The upcoming May 14–15 summit between President Donald Trump and Chinese President Xi Jinping in Beijing will prioritize the ongoing war in Iran, likely sidelining progress on critical economic issues such as tariffs and rare earth supply chains. Treasury Secretary Scott Bessent confirmed Iran is a primary agenda item, as both nations seek to stabilize regional tensions. The U.S. delegation will be notably smaller than previous presidential visits, with the White House reportedly halving the proposed list of two dozen executives to avoid optics of excessive proximity to Beijing. While Boeing CEO Kelly Ortberg and Citigroup CEO Jane Fraser are expected to attend, the focus remains on geopolitical de-escalation, which experts suggest could provide a necessary foundation for future bilateral business engagement.





