There was considerable anxiety ahead of US President Donald Trump’s meeting with his Chinese counterpart, Xi Jinping, in South Korea. Many feared the president would make significant concessions to secure a trade deal. Some observers even suggested that Trump might throw Taiwan under the bus by endorsing Beijing’s goal of reunification. Europeans feared that he might reach an agreement that allows smooth delivery of critical minerals and rare-earth magnets to American companies but fails to resolve the shortages in Europe. The day before the meeting, Trump said he would talk to Xi about selling China Nvidia’s Blackwell B30A chip, which is more powerful than the H20 chip that Nvidia is currently allowed to export. This prompted criticism from White House officials and members of Congress.
The Trump-Xi Summit: A Fragile Trade Truce, Not a Reset, Emerges (Bonnie S. Glaser – German Marshall Fund of the United States)
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