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Trump is traveling to China with top U.S. executives as Washington and Beijing discuss trade, investment, rare earths, and potential Boeing purchases.
Transcript
00:00It's Benzinga, bringing Wall Street to Main Street.
00:02President Trump will travel to China this week with a group of U.S. business leaders that includes
00:07Elon Musk, Apple CEO Tim Cook, Boeing CEO Kelly Ortberg, BlackRock CEO Larry Fink,
00:14and others, according to Reuters. Reuters reported that the U.S. and China are expected to discuss
00:20forums for trade and investment and could announce purchases tied to Boeing airplanes,
00:25agriculture, and energy. Reuters also reported the two countries will discuss
00:29extending a trade truce tied to rare earth mineral flows from China to the U.S.
00:35Boeing has been in talks with China on a potential order that industry sources said
00:39could include 507 3.7 Max jets and dozens of wide-body aircraft powered by GE engines.
00:47NVIDIA CEO Jensen Huang will not join Trump's China trip because the White House is focused
00:51on agriculture and commercial aviation issues. The White House did not immediately comment on the
00:57matter. For all things money, visit Benzinga.com.
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