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President Donald Trump celebrated his final meeting with Chinese President Xi by touting a major victory on one of the central issues of the high-stakes summit after the two leaders had bilateral tea at the Zhongnanhai complex.
“This has been an incredible visit,” Trump told reporters. “I think a lot of good things have come out of it and we’ve done some fantastic trade deals. Great for both countries.”
The announcement comes against the backdrop of a years-long tariff standoff between the United States and China, with Trump arguing that aggressive tariffs are needed to force fairer trade terms while Beijing has repeatedly objected. While it is unclear what agreements were reached, it was shared that China agreed to order 200 Boeing aircraft.
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Trump said the summit produced “fantastic trade deals.” (Evan Vucci/Pool Reuters via AP)
US Ambassador to China David Perdue, Secretary of State Marco Rubio, Treasury Secretary Scott Bessent, Secretary of War Pete Hegseth and US Trade Representative Jamieson Greer were present at the meeting.
Top U.S. business leaders traveled with Trump to Beijing and Premier Li Qiang on Thursday to discuss U.S.-China economic and trade cooperation.
“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 results, achieve mutual success and promote common prosperity, and better benefit the people of both countries and the world,” read a press release about the meeting from China’s Ministry of Foreign Affairs.
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While it is unclear what agreements were reached, it was shared that China agreed to order 200 Boeing aircraft. (Mark Schiefelbein/AP)
The ministry emphasized that both countries must “meet halfway” and “safeguard bilateral economic and trade relations.”
The White House and the Chinese Embassy in Washington did not immediately respond to Fox News Digital’s requests for comment on the matter.
During an interview Thursday with Fox News’ Sean Hannity, Trump said China was interested in investing “hundreds of billions of dollars” alongside American business leaders visiting Beijing.
“These businessmen are here to make deals and bring back jobs,” Trump said.
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A major piece of Trump’s “America First” agenda has focused on leveling the global trade playing field by holding other countries accountable for trade deficits. One of his first actions after returning to office was to implement “Liberation Day” tariffs in April 2025, which were designed to serve as leverage in trade negotiations while generating new revenue.
“This has been an incredible visit. I think a lot of good things have come out of it and we’ve made some fantastic trade deals. Great for both countries,” Trump said. (Mark Schiefelbein/AP Photo)
Tariffs have been at the center of Trump’s China strategy since his first term, when he imposed tariffs on Chinese imports and Beijing retaliated with its own tariffs. The fight remains one of the defining pressure points in the relationship between the world’s two largest economies.
Trump’s first visit in 2017 produced more than $250 billion in announced trade deals and promises of cooperation, but it did not stop trade relations from deteriorating in 2018.
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Notably, Trump announced a $12 billion deal for Qualcomm cellphone chips and $37 billion for Boeing commercial airplanes, the AP reported at the time.
Trump said Xi and his wife will visit the United States in September.