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Trump and Xi Meet in Washington Amid Trade and Tech Tensions

Washington:Donald Trump and Xi Jinping's meeting is set to address crucial topics such as trade, rare earths, artificial intelligence, and geopolitical issues when they convene on Thursday. This encounter marks their second face-to-face meeting this year, following Trump's visit to Beijing in May and Xi's first state visit to Washington in over a decade.

According to Anadolu Agency, Trump broke from tradition by meeting Xi at Joint Base Andrews alongside First Lady Melania Trump, instead of the White House. The day's agenda includes an official welcome, troop review, and closed-door discussions, culminating in a state dinner attended by notable U.S. tech figures like Nvidia's Jensen Huang and Elon Musk.

Ryan Hass from the Brookings Institution noted the emphasis on positive optics, indicating that the visual outcomes of the summit might be its most significant aspect. Kyle Chan from the same institution expressed low expectations for the meeting, while Ali Wyne from the International Crisis Group suggested the main goal is maintaining a tactical thaw in relations without expecting any groundbreaking results.

Chinese Foreign Ministry spokesman Guo Jiakun emphasized China's willingness to work towards a "constructive strategic stability" in its relationship with the U.S., a term adopted after the leaders' May meeting in Beijing.

The summit's major economic development was the extension of the trade truce initially established in Busan, South Korea. U.S. Treasury Secretary Scott Bessent announced this extension following discussions with Chinese Vice Premier He Lifeng. Under the Busan agreement, the U.S. reduced fentanyl-related tariffs, and Beijing eased export restrictions on critical minerals. However, Bessent noted that while Beijing has not fully met its commitments, further announcements regarding U.S. farm product purchases and financial services deals might be forthcoming.

Another point of contention is rare earths, with the U.S. pushing for assured supply from China, which processes a significant portion of the world's rare earths. Meanwhile, China seeks better access to U.S. technology and reduced restrictions on Chinese firms.

Artificial intelligence is also a key topic, with both nations being leading AI powers. Although discussions on AI safety have begun, no formal mechanism has been established. However, Bessent announced an agreement to set up a hotline for AI safety incident notifications, although China has not confirmed this publicly.

Geopolitical issues, including Taiwan and the U.S. conflict in Iran, are expected to be delicate subjects during the summit. Analysts suggest that maintaining the current calm and reducing vulnerabilities could be beneficial for both leaders, especially with the upcoming U.S. midterm elections.