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President Trump has touched down in Beijing for a conference with Chinese leader Xi Jinping, where the outcomes surrounding the Iran conflict, Taiwan's arms deal, and American energy costs are all interlinked. US representatives are urging China to exert pressure on Iran to reopen the Strait of Hormuz, while experts suggest that Beijing will likely request the cancellation of the $14 billion Taiwan arms sale in return. Should Trump acquiesce, US security pledges to Taiwan might be compromised; if he declines, China may refrain from applying pressure on Iran, resulting in oil prices remaining above $100 per barrel and keeping gas prices high for American consumers throughout the summer.

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00:00President Trump has landed in Beijing for a high-stakes summit with Chinese President Xi Jinping.
00:05And the fate of Taiwan, the Iran War, and America's economic future are all on the table.
00:12U.S. officials have pressed China to use its influence over Iran to help reopen the Strait of Hormuz,
00:19which has kept oil prices above $100 per barrel.
00:22But analysts say Beijing will demand a serious concession in return.
00:26And the most likely one is the $14 billion Taiwan arms package currently sitting unsigned on Trump's desk.
00:33China is expected to push Trump not to proceed with the weapons sale,
00:37which would significantly upgrade Taiwan's military capabilities.
00:41If Trump agrees, analysts warn it could signal to Beijing, and to Taiwan,
00:47that U.S. security commitments to the island are negotiable.
00:50If Trump refuses, China will almost certainly withhold pressure on Iran,
00:55keeping Hormuz closed.
00:57And American gas prices elevated through summer.
01:00This is not an ordinary diplomatic meeting.
01:03Every American paying $4.39 for gas has a stake in what happens in Beijing today.
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