The summit did not end U.S.-China rivalry. Instead, it showed that both
Trump-Xi Summit: What Happened Next? This is a follow-up to my earlier post, “Why Does the Trump-Xi Summit Matter?” The Trump-Xi summit in Washington has concluded without a sweeping breakthrough, but it has given the United States and China more time to manage their differences. The most concrete outcome was an extension of the U.S.-China trade truce for another two months. This gives negotiators additional time, while larger disputes over tariffs, technology, critical minerals and market access remain unresolved. Taiwan also remained a sensitive issue. Chinese President Xi Jinping reiterated Beijing's position, while the fundamental differences between Washington and Beijing over the island remain. Artificial intelligence is another area where competition and limited cooperation may exist side by side. The two countries are competing for technological leadership while exploring ways to reduce risks from serious AI-related incidents. Iran, meanwhile, illustrates the limits of coop...