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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)
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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.
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“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.
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“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 scene as U.S. President Donald Trump participates in events at the Great Hall of the People and does a greeting with the President of the People’s Republic of China Xi Jinping May 14, 2026, in Beijing China during a trip focused on trade, regional security, and strengthening bilateral ties between the world’s two largest economies. (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 has also 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.
