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The Trump administration plans to invite top U.S. CEOs to meet Chinese President Xi Jinping next week, with Nvidia, Boeing and ExxonMobil executives expected to join the delegation.
Transcript
00:00The Trump administration is planning to invite top American business leaders to accompany President Donald Trump on his trip to
00:07China next week.
00:08According to reports from U.S. news site Semaphore, executives from major companies including Apple, Nvidia, Boeing and ExxonMobil are
00:17expected to join the delegation.
00:19Reuters reports that executives from Qualcomm, Blackstone, Citigroup and Visa are also on the invitation list.
00:26The trip is shaping up to be as much about business and trade as it is about diplomacy.
00:32China and the U.S. had been locked in a turbulent trade war in which Washington imposed tariffs of up
00:38to 145% on Chinese imports.
00:42Beijing responded by restricting supplies of critical rare earth elements, rattling global markets.
00:48The escalation cooled off after Trump and Chinese President Xi Jinping agreed last October to a one-year truce.
00:55Speaking to reporters on Thursday, Trump said he expects his meeting with Xi to be amazing, adding that the two
01:01leaders have maintained a strong relationship over the years.
01:05We're going to have a meeting with President Xi. It's going to be, I think, quite amazing.
01:10He's been a friend of mine. I've gotten along with him very well over the years.
01:14We have had no problem, but we've had no problem with China and Iran.
01:18Everybody said, oh, China, China. We've had no problem with China.
01:22Trump is due to visit China on May 14th and 15th after delaying an earlier summit with Xi because of
01:29the Iran war.
01:31extend from China on May 14th.
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