Trump Praises ‘Fantastic’ Trade Deals After Summit With Xi in Beijing

U.S. President Donald Trump hailed newly reached trade agreements with Chinese President Xi Jinping as “fantastic” following a high-stakes summit in Beijing focused on economic cooperation, tariffs, and broader geopolitical tensions.

Trump departed Beijing aboard Air Force One after two days of talks with Xi, during which the leaders discussed expanding bilateral trade, easing tariff disputes, and cooperation in sectors including agriculture, aviation, and artificial intelligence. The meetings also addressed strategic concerns linked to conflicts in West Asia.

Before leaving the Chinese capital, Trump said the visit had produced significant progress for both nations.

“This has been an incredible visit. I think a lot of good has come of it. We’ve made some fantastic trade deals. Great for both countries,” Trump said. He added that he greatly respected Xi and described the Chinese leader as a friend after more than a decade of acquaintance.

Trump also said the two sides had “settled a lot of different problems” and described the relationship between Washington and Beijing as “a very strong one.”

Xi characterized the summit as a milestone in bilateral relations, saying the two countries had established what he called a “constructive and strategic relationship.” He added that the meetings produced “many understanding on cooperative outcomes.”

During the visit, Trump was seen off by Chinese Foreign Minister Wang Yi. The summit also included a rare visit by Trump to the heavily guarded leadership compound of China’s ruling Communist Party, a location only a limited number of foreign leaders have entered.

While Trump did not publicly detail the trade agreements reached during the summit, he later said in an interview that one major deal involved China agreeing to purchase 200 Boeing aircraft from the United States. He also said Beijing had expressed interest in buying American oil and soybeans.

Chinese officials did not confirm or deny those specific claims when asked about the reported agreements.

Senior U.S. officials accompanying Trump sought to frame the summit as an effort to stabilize relations between the world’s two largest economies rather than fully reset them.

U.S. Treasury Secretary Scott Bessent said the broader goal of the summit was to prevent strategic competition between the United States and China from escalating into direct conflict. He said Washington still viewed Beijing as a strategic competitor but believed cooperation remained possible in several areas.

U.S. Trade Representative Jamieson Greer said China appeared “very pragmatic” regarding the reopening of the Strait of Hormuz and noted that Beijing wanted the key waterway reopened without restrictions.

Greer also said the United States expected China to commit to purchasing billions of dollars in American agricultural products over the coming years. However, he acknowledged that tensions between the two nations remained unresolved, particularly over rare earth minerals and other strategic issues.