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Daily Wednesday, 13 May 2026

[58346] Trump-Xi Beijing Summit: Focus on Trade and Economy Alongside the Iran Issue

34,540 Views 7 Channels 11 Messages May 13 1h TG
US President Donald Trump began an official visit to China today, accompanied by an extensive delegation of American business leaders, including CEOs of giant companies such as Elon Musk (Tesla/SpaceX), Tim Cook (Apple), and Jensen Huang (NVIDIA). According to Amir Tsarfati, who is close to conservative and pro-Israel positions, the goal of the delegation is "trade deals, jobs, and revenue," while Iran remains a secondary topic of discussion aimed at preventing it from achieving nuclear capability and control over the Strait of Hormuz.

Simultaneously, a media storm has erupted over a statement by President Trump regarding the economic situation of US citizens during negotiations with Tehran. In a report by FRANCE 24 English, it was noted that Trump stated that the economic situation of Americans is not a factor in his decision-making, with the understanding that preventing Iran from obtaining nuclear weapons is the top priority. Conversely, channels with a more critical line toward the administration, such as Geopolitics Watch and Land Down Under, attacked this statement sharply, emphasizing Trump's lack of consideration for the internal economic situation of his citizens (according to GeoPWatch).

On the economic front, the summit focuses on Trump's attempts to open the Chinese market to American companies. FXStreet reports that US Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng held preliminary talks in South Korea. Capital market analysts anticipate high tension, as according to FXStreet, traders are monitoring the meeting in Beijing with caution, with no expectation of a historic "mega-deal," but rather a primary attempt to ensure stability in the tense relationship.

Sensitive technological issues are also on the agenda. According to Geopolitics Watch, the presence of top executives from chip and technology companies may suggest discussions regarding the removal of US export restrictions imposed on companies like NVIDIA, Micron, and Qualcomm, which are at the core of the tech war between the superpowers.

daily-english-en id:58420 generated 13 May, 11:40 gemini-3.1-flash-lite-preview translated from Hebrew #58346