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Experts temper expectations for Trump-Xi summit as trust-building exercise

Despite ceremonial pomp, analysts say the meeting aims to stabilize US-China relations rather than strike major deals.

What to know

  • The summit follows a March 2026 Busan agreement that de-escalated US-China tariff war, with tariffs now at 36.5% (US) and 31% (China) from threatening 200% levels.
  • Experts describe the meeting as trust-building and stabilization, not a negotiating session expected to produce major deals—potential outcomes include formalizing trade mechanism and accelerating critical mineral exports.
  • AI cooperation faces obstacles: distrust rooted in US chip export restrictions and Trump administration rhetoric about winning AI supremacy over China limits real deliverables despite Treasury Secretary's dialogue proposal.

“The best-case scenario from the summit will be the two countries actually do begin to liberalise trade of some non-sensitive goods and that the flow of critical minerals is indeed sped up.”

Mary E Lovely, Senior fellow, Peterson Institute of International Economics · Al Jazeera ↗

Donald TrumpDonald Trump US PresidentXi JinpingXi Jinping Chinese PresidentReza Hasmath Academic faculty adviser, China Institute, University of AlbertaMary E Lovely Senior fellow, Peterson Institute of International EconomicsDexter Tiff Roberts Nonresident senior fellow, Atlantic Council's Global China HubScott BessentScott Bessent US Treasury Secretary

Experts temper expectations for Trump-Xi summit as trust-building exercise
aljazeera.com

How it unfolded 1 development · click the chart to see its coverage articlesposts

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8 PMtoday4 AMnow · 7:10 AM ET
  1. upcoming

    Trump and Xi meet in Busan, agree to tariff truce — At the APEC summit in South Korea, Trump and Xi reached agreement to step back from escalating tariffs. China subsequently resumed exports of critical minerals. Current US tariffs remain at 36.5 percent average and Chinese tariffs at 31 percent average.

  2. upcoming

    AI cooperation hampered by mutual distrust and strategic competition — Experts note that AI safety agreements face obstacles including US chip export restrictions to China and Trump administration rhetoric framing AI as a competition the US must win. Treasury Secretary Bessent's proposal for a US-China AI dialogue and incident hotline faces skepticism about real-world deliverables.

  3. upcoming

    Current summit aims to extend Busan truce on trade and critical minerals — The meeting seeks to formalize continuation of the October tariff de-escalation. Potential announcements under discussion include a Board of Trade mechanism for reducing tariffs on $30 billion in goods from each side and accelerating critical mineral shipments to the US.

  4. 1

    Experts characterize summit as trust-building rather than deal-making

    Analysis of the Trump-Xi summit suggests it prioritizes re-establishing diplomatic trust over producing major trade or policy announcements. Trump greeted Xi with ceremonial pageantry including a state banquet and military flyover, but experts warn expectations should be tempered.

    “This is not a bargaining summit. It's a stabilising summit.”
    — Reza Hasmath
    1. first by Al Jazeera, 5h ago

    • GeoWire@mastodon.social

      🔴 BREAKING Experts Skeptical of Trump-Xi Summit Outcomes Experts characterize the upcoming summit between Donald Trump and Xi Jinping as potentially superficial, describing it as a 'horse and pony show.' While trade, AI, and security are on the agenda, analysts suggest that rebuilding mutual trust is a more... 📰 https://www…

      GeoWire@mastodon.socialMastodon4h ago1▲view on Mastodon ↗