Trump Secures Major Trade Win After Final Xi Meeting in Beijing

Clear Facts

• President Trump announced “fantastic trade deals” following his final bilateral meeting with Chinese President Xi Jinping at the Zhongnanhai compound in Beijing
• China agreed to order 200 Boeing jets as part of the commercial agreements reached during the high-stakes summit
• Top U.S. business leaders accompanied Trump to Beijing and met separately with Chinese Premier Li Qiang to discuss economic cooperation
• Trump revealed China is interested in investing “hundreds of billions of dollars” alongside American business representatives

President Donald Trump concluded his high-stakes summit with Chinese President Xi Jinping by declaring a significant victory on trade, one of the central focuses of the bilateral meetings held at Beijing’s Zhongnanhai compound.

“This has been an incredible visit,” Trump told reporters following the final tea meeting. “I think a lot of good has come of it, and we’ve made some fantastic trade deals. Great for both countries.”

The announcement represents a breakthrough in the yearslong tariff standoff between the world’s two largest economies. Trump has consistently argued that aggressive duties are necessary to force fairer trade terms, while Beijing has repeatedly pushed back against American tariff policies.

While details of all agreements reached remain under wraps, officials confirmed that China committed to ordering 200 Boeing jets, a significant win for American manufacturing and aerospace. The deal echoes Trump’s 2017 visit to Beijing, which produced a $37 billion Boeing commercial jet agreement.

U.S. Ambassador to China David Perdue, Secretary of State Marco Rubio, Treasury Secretary Scott Bessent, War Secretary Pete Hegseth, and U.S. Trade Representative Jamieson Greer attended the meeting alongside the president. Their presence underscored the comprehensive nature of the discussions, spanning defense, diplomacy, and economic policy.

America’s top business leaders traveled with Trump to Beijing and held separate meetings with Premier Li Qiang Thursday to discuss U.S.-China economic and trade cooperation. These parallel discussions aimed to solidify commercial relationships and explore investment opportunities.

“China is willing to work with the United States to implement the important consensus reached by the two heads of state, strive for more positive outcomes, achieve mutual success and promote common prosperity, and better benefit the people of both countries and the world,” reads a press release from the Chinese Ministry of Foreign Affairs.

The ministry emphasized that both nations should “meet each other halfway” and “safeguard bilateral economic and trade relations.” This language suggests Beijing recognizes the importance of compromise in maintaining productive ties with Washington.

During an interview Thursday with Fox News’ Sean Hannity, Trump revealed the scale of potential Chinese investment accompanying the American business delegation.

“Those business people are here to make deals and to bring back jobs,” Trump said, noting China’s interest in investing “hundreds of billions of dollars.”

The agreements advance a major pillar of Trump’s “America First” agenda, which focuses on leveling the global trade playing field by holding other countries accountable for trade deficits. One of his first moves after returning to office was rolling out the “Liberation Day” tariffs in April 2025, designed to serve as leverage in trade negotiations while generating new revenue for American priorities.

Tariffs have remained at the center of Trump’s China strategy since his first term, when he imposed duties on Chinese imports and Beijing retaliated with tariffs of its own. The dispute has been one of the defining pressure points between the two economic superpowers, affecting everything from manufacturing to agriculture to technology.

Trump’s first Beijing visit in 2017 produced more than $250 billion in announced commercial deals and cooperation pledges. However, pageantry did not prevent trade relations from deteriorating in 2018, when tensions escalated into a full-scale trade war.

Most notably during that 2017 trip, Trump announced a $12 billion deal for cellphone chips from Qualcomm alongside the Boeing agreement. The question now is whether this summit’s deals will prove more durable than those earlier commitments.

Trump announced that Xi and his wife will visit the United States in September, suggesting both leaders view the current agreements as a foundation for continued engagement rather than a final resolution. The reciprocal state visit will provide another opportunity to build on the commercial framework established during this Beijing summit.

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