Politics
Trump marvels at Chinese display of power as summit kicks off
BEIJING — An extraordinary display of power and precision along Tiananmen Square greeted President Trump in Beijing on Thursday, kicking off a two-day summit with particularly high stakes for the Americans.
Trump’s meetings with his Chinese counterpart, Xi Jinping, began at the Great Hall of the People moments after a welcome ceremony that seemed to impress the president, featuring a Chinese military honor guard and a greeting from excited schoolchildren. American flags waved as “The Star Spangled Banner” rang out on a smoggy day in the heart of the capital.
Children holding Chinese and U.S. flags rehearse before the welcome ceremony for President Trump.
(Maxim Shemetov / Associated Press)
Trump reflected on the stakes of his visit at the top of the meeting, telling Xi that the ceremony was an honor “like few I’ve seen before.”
“There are those who say it may be the biggest summit ever,” he said. “I have such respect for China, the job you’ve done.”
Both men struck a conciliatory tone, despite the agenda for the summit featuring some of the thorniest issues facing the two superpowers today, including the U.S. war in Iran, trade relations and the future of Taiwan.
“We’ve gotten along — when there have been difficulties, we’ve worked it out,” Trump added. “We’re going to have a fantastic future together.”
Trump is expected to ask Xi for help reopening the Strait of Hormuz, a vital commercial waterway disrupted by Iran since the start of the war, and for the extension of a truce in the trade war he started at the beginning of his second term.
China, in turn, will ask the Trump administration not to proceed with arms sales to Taiwan, despite their approval by Congress, and for a declaration of opposition to Taiwanese independence. Beijing also seeks access to top-end chips made by American manufacturers.
Chinese President Xi Jinping and President Trump shake hands at the Great Hall of the People.
(Kenny Holston / Associated Press)
The agenda exposes the mutual dependence of the two rival superpowers, marked by distrust but driven by a quest for cooperation and stability.
The welcome ceremony outside the Great Hall kicked off with Xi shaking the hands of Trump’s delegation, including figures such as his political advisor, James Blair, his communications director, Steven Cheung, and his daughter-in-law, Lara Trump.
They were just a few members of a U.S. delegation accompanying Trump filled with curiosities.
Chinese officials were surprised to learn that Pete Hegseth was joining Trump in Beijing this week, marking the first time a president has brought his secretary of Defense on an official state visit. It wasn’t immediately clear to the Chinese what his inclusion was meant to convey.
Eric Trump, the president’s son, is here, seeking to leverage the family name for lucrative business deals as Beijing aggressively campaigns against government corruption at home. And First Lady Melania Trump decided to stay at home, an unusual snub of such a high-level event.
A contingent of U.S. business leaders was given little notice to prepare for the trip, including the chief executive of Nvidia, who raced to join Trump aboard Air Force One at a refueling stop in Alaska.
The diplomatic faux pas follow weeks of Chinese frustration over what they see as the Trump administration’s lack of preparation — a perceived display of incompetence that boosts their confidence heading into the negotiations.
Over the course of the visit, Trump is expected to visit the Temple of Heaven, a monument to imperial China and Confucian thought in the center of Beijing. Ahead of Trump’s arrival, an area roughly the size of 400 American football fields was closed in preparation for a stop here.
On Thursday night, local time, Trump will return to the Great Hall of the People for a banquet dinner. Additional meetings are scheduled for Friday morning before Trump departs midday for home.
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President Donald Trump opened his high-stakes meeting with Chinese President Xi Jinping by predicting a “fantastic future together” — striking an unusually warm tone as his administration pursues new trade and investment deals with Beijing.
“In fact, the longest relationship of our two countries that any president and president has had,” Trump said at the start of the bilateral meeting Thursday local time. “We’ve had a fantastic relationship. We’ve gotten along.”
“And whenever we had a problem, we worked that out very quickly,” he continued. “We’re going to have a fantastic future together.”
Trump also praised Xi directly, calling him “a great leader” and emphasizing the personal relationship between the two leaders as a foundation for future cooperation.
President Donald Trump opened his high-stakes meeting with Chinese President Xi Jinping by predicting a “fantastic future together.” (Alex Wong/Getty Images)
TRUMP HEADS TO BEIJING FOR HIGH-STAKES XI TALKS AS TAIWAN TENSIONS, TRADE DISPUTES TEST US STRENGTH
Xi, in his own opening remarks, emphasized cooperation and shared interests between the two countries.
“As leaders of major countries, this year is the 250th anniversary of American independence,” Xi said, according to a translator. “Congratulations to you and to the American people. I always believe that our two countries have more common interests than differences.”
“Success in one is an opportunity for the other, and a stable bilateral relationship is good for the world,” he continued.
XI JINPING WARNS TRUMP US WOULD ‘LOSE FROM CONFRONTATION’ WITH CHINA AS RENEWED TRADE WAR LOOMS
“China and the United States both stand to gain from cooperation and lose from confrontation. We should be partners, not rivals. We should help each other succeed and prosper together, and find the right way for major countries to get along well with each other in the new era.”
President Donald Trump and Chinese President Xi Jinping attend a bilateral meeting at the Great Hall of the People in Beijing on May 14, 2026, to discuss the Iran conflict, trade imbalances, the Taiwan situation, and to establish new bilateral boards for economic and AI oversight. (Evan Vucci/Reuters)
Xi added that he looked forward to working with Trump “to set the course for and steer the giant ship of China–U.S. relations so as to make 2026 a historic landmark year that opens up a new chapter in China–U.S. relations.”
The comments came as Trump arrived in Beijing accompanied by a delegation of top American executives, underscoring the administration’s focus on economic dealmaking even as broader tensions between the two countries remain unresolved.
INSIDE THE ‘DIGITAL LOCKDOWN’ FOR US OFFICIALS AS TRUMP ARRIVES IN CHINA
“I just want to say, on behalf of all of the great delegation that we have … we have the greatest businessmen,” Trump said. “We ask the top 30 in the world. Every single one of them said yes.”
The delegation includes executives from major U.S. firms spanning aerospace, finance, technology and agriculture, including Apple CEO Tim Cook, BlackRock CEO Larry Fink, Blackstone CEO Stephen Schwarzman, Boeing CEO Kelly Ortberg, Tesla and SpaceX CEO Elon Musk, Goldman Sachs CEO David Solomon and Qualcomm CEO Cristiano Amon.
White House officials said ahead of the trip that Americans should expect the president to “deliver more good deals,” with talks expected to include aerospace, agriculture and energy, as well as continued work on a proposed U.S.-China “Board of Trade” and “Board of Investment.”
The emphasis on dealmaking comes after years of friction between Washington and Beijing over trade, technology and military competition. (Kenny Holston/Pool via Reuters)
A senior administration official said the potential trade framework under discussion could involve “double-digit billion” levels of commerce, along with possible purchase commitments from China in areas such as aircraft and agricultural products.
The emphasis on dealmaking comes after years of friction between Washington and Beijing over trade, technology and military competition.
Trump has imposed sweeping tariffs on Chinese goods — a policy he has continued into his second term — while repeatedly accusing Beijing of unfair trade practices.
He also has criticized past U.S. policy that helped integrate China into the global trading system, arguing Beijing benefited from open markets without offering the same access in return.
But in his opening remarks Thursday, the president emphasized business ties and personal rapport, highlighting what appeared to be an effort to stabilize economic relations between the world’s two largest economies.
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The comments came as administration officials said trade discussions with China are ongoing, alongside talks on issues including Iran, artificial intelligence and other security matters.
Trump’s praise of Xi is consistent with his longstanding approach of using personal diplomacy with foreign leaders, including rivals, as a negotiating tactic — though whether that approach will translate into concrete agreements with China remains to be seen.
new video loaded: Trump Says He Does Not Think About Economic Hardships Linked to Iran War
transcript
transcript
Trump Says He Does Not Think About Economic Hardships Linked to Iran War
President Trump said on Tuesday that he did not think about the economic hardships Americans face from the war in Iran. Instead, he said that he was focused on preventing Iran from having a nuclear weapon.
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Reporter: “To what extent are Americans’ financial situations motivating you to make a deal?” “Not even a little bit. The only thing that matters when I’m talking about Iran, they can’t have a nuclear weapon. I don’t think about Americans’ financial situation. I don’t think about anybody. I think about one thing: We cannot let Iran have a nuclear weapon. That’s all. That’s the only thing that motivates me.” “Did you say earlier that the only thing that matters to you when it comes to Iran is a nuclear weapon? You’re not considering the financial impact of this war on Americans?” “The most important thing by far, including whether our stock market, which by the way is at an all-time high, but including whether or not our stock market goes up or down a little bit, the most important thing by far is Iran cannot have a nuclear weapon.” “What about the pressure on Americans and prices right now?” “Every American understands.” “He is mixing it up on us a little bit here. That’s fine.” “And so when the President of the United States doesn’t think about Americans’ financial situation. And when the Republicans here are focused on other issues, this is what happens. Your prices go up.” “I don’t know the context in which he made that comment, but I can tell you the president thinks about Americans’ financial situations. I talk to him on average twice a day, sometimes three or four times a day. And we talk about it constantly.”
By McKinnon de Kuyper
May 13, 2026
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The billionaire timeshare magnate who abruptly cut ties with former Rep. Eric Swalwell (D-Calif.) and kicked him out of his California mansion amid sexual misconduct allegations was arrested Tuesday.
Stephen Cloobeck, founder of Diamond Resorts International, turned himself in to the Los Angeles Sheriff’s Department in West Hollywood on Tuesday following a warrant issued for his arrest. He is suspected of a felony charge of attempting to prevent or dissuade a victim or witness from testifying, the California Post reported.
The circumstances of the alleged crime remain unclear. He was released on $300,000 bail, according to jail records. Fox News Digital reached out to the sheriff’s department and to Cloobeck for comment.
BILLIONAIRE SUGAR DADDY KICKS SWALWELL OUT OF HIS MANSION, WANTS $1M BACK AFTER HEINOUS SEX ALLEGATIONS
Billionaire Stephen Cloobeck is pictured alongside then- Rep. Eric Swalwell, D-Calif. Cloobeck, who cut ties with Swalwell amid sexual assault allegations, was arrested Tuesday in California. (Getty Images)
“These charges are false, and we look forward to our day in court,” a spokesperson for Cloobeck told the newspaper.
Cloobeck, a former gubernatorial candidate, most recently supported Swalwell’s bid for California governor before cutting ties with him after sexual assault allegations and leaving the Democratic Party.
DEM SENATOR RIPPED FOR ‘SMEAR’ OF FEMALE ACTIVIST ADVOCATING FOR SWALWELL’S ACCUSERS: ‘VERY BAD LOOK’
Stephen Cloobeck attends an election night watch party at a private residence in Beverly Hills, Calif., on Nov. 5, 2024. (Alberto E. Rodriguez/Getty Images)
“I am no longer supporting Eric. F—ing tell everyone I’m a libertarian. F— you, Democratic Party. I’m a libertarian now,” Cloobeck told the Post at the time.
“I am now a Republican,” he added to Fox 11 LA.
Swalwell has denied the claims against him in a video filmed inside Cloobeck’s home. At the time, Cloobeck—who briefly ran for governor before dropping out and endorsing his former friend—said he kicked Swalwell out of his Beverly Hills mansion, stating that Swalwell “busted the trust” between them.
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“I am no longer associated with a man that takes advantage of women,” Cloobeck told reporters. “I support women’s rights.”
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