• US President Donald Trump is bringing 17 top US executives, including Tim Cook (Apple), Elon Musk (Tesla/SpaceX), and Larry Fink (BlackRock), on his official trip to Beijing.
  • The visit is a key test of the fragile trade truce between the US and China, following a tariff war that at times topped 100%.
  • Trump will meet with Chinese President Xi Jinping amid growing economic and technological animosity.
  • The US and Israel’s war in Iran looms over the summit; Trump is expected to push China to help facilitate an agreement to end the war.
  • China, which relies on Iran for cheap oil, also wants the conflict to end as it limits oil supply and hits the buying power of Chinese goods importers.

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