Trump-Xi Summit 2026: Can AI Chips and Soybeans Secure a Lasting Truce?
Negotiators prep for the Trump-Xi April summit, focusing on AI chip curbs and farm exports as the 2025 trade truce deadline looms.
They're shaking hands, but the gloves haven't come off yet. As President Donald Trump prepares for his first visit to Beijing this term in April 2026, negotiators from both sides are racing to clear a path. The stakes couldn't be higher: it's a delicate balancing act between easing AI chip restrictions and boosting agricultural sales.
US-China Trade Summit 2026: Preparing the Ground
US Treasury Secretary Scott Bessent indicated on Tuesday that the stage is set for the upcoming summit. However, USTR Jamieson Greer emphasized that more trade talks will happen before Trump and Xi Jinping sit down in Beijing. The primary concern is the expiration of the 2025 trade truce in November. China is pushing for a more permanent, long-term framework rather than just another temporary fix.
Strategic Deliverables: Semiconductors and Soybeans
Negotiators are focusing on high-impact deliverables. Beijing wants a relaxation of US semiconductor curbs that have stifled its AI ambitions. In return, Washington is looking for a significant commitment to purchase US farm products, particularly soybeans. According to Xu Tianchen from the EIU, we should remain realistic about long-term trade prospects despite these pre-summit efforts.
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