00:00The war in Iran and notably the continued closure of the Strait of Hormuz is causing economic pain
00:06pretty much everywhere. Importantly, one of those places is China. President Trump is heading to
00:12Beijing next week to meet with Chinese leader Xi Jinping and the U.S. conflict with Iran, along
00:17with its many far-reaching impacts, are sure to be front and center. The Post's White House
00:22reporter Emily Gooden is joining the president on that trip and she filled me in on how the
00:26Iran war talk might go. So when President Trump goes to Beijing next week, he has a lot of issues
00:33on the table and the number one is Iran because China is the biggest purchaser of Iran's oil.
00:40So they have a vested interest in seeing the Strait of Hormuz being reopened and the administration
00:45is pushing China to use its influence with Tehran to make that happen. China's been a little reluctant.
00:51They have some backdoor deals with Russia to get some oil, so they're not quite as dire
00:58as one would think. And they kind of see this as President Trump's war. So the thinking is
01:04they're going to try to use Trump's demand to get some concessions of their own, most likely
01:09on American technology. There's a technology war between the two countries and America has
01:15very tight restrictions on what China can get of its technology, including AI and computer chips,
01:22which are two areas that China would like to have American technology. So it'll be interesting to
01:28see if President Xi makes an ask for some of this technological information in exchange for helping
01:34the president in the war in Iran. I also asked Emily about some of the other non-Iran topics we
01:41can
01:41expect to be discussed during the high-stakes Beijing meeting. So there's several other issues because
01:46remember, this summit was scheduled long before there was a war with Iran. The biggest is the trade
01:51deficit. There is a huge deficit between China and the U.S. on trade, and the Trump administration
01:58would like to see that narrow. And one of the big asks they're going to make is for China to
02:03increase
02:03its purchases and investments in America. Particularly, they want to see China buy airplanes and soybeans.
02:10Those are the two things they'd like to see some bulk orders on. So we'll be watching for that.
02:15Now, on the Chinese side, they are very, very concerned about American policy on Taiwan.
02:21They would like to see the U.S. stop supporting Taiwan's independence. So I don't know if there'll
02:27be any movement there, but that is something we expect President Xi to do some pressing on.
02:31And finally, fentanyl still remains an issue. That's something the president cares deeply about
02:36and is likely to bring up in his conversations.
02:39Okay.
02:39Good luck.
02:39Good luck.
02:39You
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