President Trump says he and Xi Jinping discussed Nvidia and other chipmakers' access to China, and that they didn't discuss approving sales of Blackwell chips
US President Donald Trump said he didn't discuss approving sales of Nvidia Corp.'s Blackwell chips to China with his counterpart Xi Jinping …
Bloomberg Mackenzie Hawkins
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Discussion
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@whitehouse
@whitehouse
on x
President Donald J. Trump meets with Chinese President Xi Jinping in South Korea. “I think we're going to have a fantastic relationship for a long period of time, and it is an honor to have you with us.” [video]
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@margomartin47
Margo Martin
on x
President Trump and President Xi shake hands [video]
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@saraecook
Sara Cook
on x
News from Trump's AF1 gaggle on his meeting with Xi: -Cutting Fentanyl-linked tariffs on China from 20% to 10% -China agreed to buy “tremendous amounts” of US soybeans effective immediately -Trump will go to China in April, Xi will go to US after -Discussed Ukraine but not Taiwan
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@josh_wingrove
Josh Wingrove
on x
What we know so far of the China-US deal, per Trump & Greer: - One-year deal, Trump predicts it'll be renewed - China pauses rare earths export controls - China buys soybeans - Trump cuts the China tariff by 10 percentage points (fentanyl tariff goes from 20 to 10) (1/3)
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@kathleen_tyson_
Kathleen Tyson
on x
China is only rolling back for one year the additional REE controls announced 9 October, not the global REE controls and licensing implemented in April 2025. It's unclear if the roll back is US-specific or global. Key Details of the 9 October REE Announcement: - Expanded Scope
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@annmarie
Annmarie Hordern
on x
Trump readout on his meeting with Xi: - China to begin buying soybeans - China has agreed to continue the flow of rare earths “openly and freely”. - China will work to stop the flow of fentanyl - China also agreed that they will begin the process of purchasing American energy— [i…
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@calebwatney
Caleb Watney
on x
I would simply not give away the essential bottleneck input for the most important dual-use technology of our era to the US's primary geopolitical rival. [image]
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@jchengwsj
Jonathan Cheng
on x
“For decades China talked about trade as a ‘ballast’ in the relationship. Now it sees trade as both a sword and a shield in a strategic competition,” said Sara Schuman, who was until recently a top US trade negotiator on China. @Dimi @leahyjoseph https://www.ft.com/...
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@rapidresponse47
@rapidresponse47
on x
“We're going to have a very successful meeting, I have no doubt.” @POTUS greets Chinese President Xi Jinping in South Korea. [video]
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@usambchina
@usambchina
on x
Very encouraged after participating in the meeting between President Trump and President Xi. When the leaders of our two great countries sit down, the whole world benefits.
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@spencerhakimian
Spencer Hakimian
on x
BREAKING: TRUMP AND XI SHAKE HANDS. [video]
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@henrysgao
Henry Gao
on x
The US-China deal is significant not because of the pause on proposed restrictions—which were leverage rather than for real as I've been saying, but because it paved the way to serious negotiations. The 1-year pause confirmed my prediction that a deal by end-2026 is well on track
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@trungtphan
Trung Phan
on x
“mom, how did we get so rich?” “your dad went on prediction markets and bet our whole retirement portfolio on the Trump and Xi handshake lasting more than 10 seconds” [image]
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@rapidresponse47
@rapidresponse47
on x
.@POTUS boards Air Force One and prepares for the long journey home after a remarkable trip to Asia. This week, @POTUS secured billions in new investment, ended a war, inked multiple trade/minerals deals, met with President Xi, and more. He never stops working for US. [video]
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@jwdwerner
Jake Werner
on x
Already one major breakthrough from the Trump-Xi meeting: We now have stock photos from THIS DECADE to illustrate our op-eds on US-China relations! [image]
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@jchengwsj
Jonathan Cheng
on x
Trump and Xi came to an understanding that China would ease controls that Beijing has imposed on rare-earth exports, said Jamieson Greer, the U.S. trade representative. https://www.wsj.com/...
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@dimi
Demetri
on x
Trump says Xi agrees to one-year trade deal and he will visit China in April. Says the summit was a 12 on a scale of 0-10 https://www.ft.com/... via @ft
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@margomartin47
Margo Martin
on x
President Xi arrives in South Korea to meet with President Trump [video]
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@growing_daniel
Daniel
on x
If Trump does this then he's officially bought
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@nikstankovic_
Nik Stankovic
on x
Overall, it seems like US and China established a trade ceasefire. Lots of things got rolled back, but for one year only. That's why I call it a ceasefire rather than truce (which would be more permanent). Seems to me like it is mostly Trump who rolled back some of his tweets,
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@discoplomacy
Sam
on x
President Trump says he and President Xi didn't discuss Blackwell chips. Seems to allude to it now being a Jensen x Xi conversation going forward? Unclear. Remarkable power for Nvidia to have though; as noted before, basically a sovereign power in many ways now. [image]
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@davidbrin
David Brin
on bluesky
Dig it. we can verify our atomic ordinance with computer models +lab bench tests that Russia can't duplicate. They know their arsenal has decayed. They may have few fully working bombs. Now Trump has given them an excuse to test them the old fashioned way. And blame us. — w…
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@amymcgrath
Amy McGrath
on bluesky
This is terribly dangerous. — It's unnecessary and inflammatory. — The US led the world to stop detonating nukes at the end of the cold war. Trump is 100% wrong here. We do not need to detonate more nuclear weapons. — www.bbc.com/news/article...
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r/politics
r
on reddit
Trump directs nuclear weapons testing to resume for first time in over 30 years
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@secrollins
Secretary Brooke Rollins
on x
LETS GOOO!!! Soybeans! Sorghum! 🇺🇸🚜 BIG news out of President Trump's historic meeting with President Xi! More details coming soon. THANK YOU, MR. PRESIDENT!!! [image]
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@athanaschatz97_
Athanasios
on x
🕯Earlier this morning, US President Donald Trump met with Chinese leader Xi Jinping in South Korea - their first face-to-face meeting of Trump's second term. Trump later indicated the two came to an agreement on “almost everything” - as he wrapped up his three-stop tour of
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r/politics
r
on reddit
Trump and Xi, Hoping to Ease Trade War, Agree to 1-Year Truce
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@phelimkine
@phelimkine
on x
“Trump said he got a commitment from Xi to purchase soybeans from American farmers, curb the flow of fentanyl and postpone its export restrictions on rare earths” But that TikTok “deal” remains in limbo.... https://www.politico.com/...
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@policytensor
@policytensor
on x
Here's what a far-reaching deal would look like: The US commits to (1) strict neutrality on the Taiwan question—let the Chinas work it out; (2) remove the chips controls. China (1) removes rare earth controls; (2) agrees to sell TSMC to US investors and guarantees
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@dimi
Demetri
on x
China's commerce ministry said the US agreed to postpone for a year plans to put thousands of Chinese companies on a trade blacklist known as the entity list. China had justified its rare earth export controls by pointing to the US announcing the blacklistings.
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@gonglei89
Lei Gong
on x
Look no more! China got *all this* in exchange for some soy bean purchases and help on fentanyl, *and they didn't even give anything substantial on rare earth export controls except a promise to play nice for a year* 🤣🤣🤣 So much winning! Going to go eat some tacos now 😋 [image]
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@santiagoaufund
@santiagoaufund
on x
Looking forward to all the posts explaining how this meeting was another clear win for China and another unmitigated disaster for the U.S...
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@brad_setser
Brad Setser
on x
Chinese concessions (beans purchases, pause on rare earth export controls) were telegraphed in advance. US concessions seem to include -cutting the term 2 tariff on China from 30% to 20% (= to most of emerging Asia) -dropping the shipping 301 -[welcoming investment?] 1/2
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@fbermingham
Finbarr Bermingham
on x
If anything, Trump-Xi talks have emphasised the tight spot the EU is in going into tomorrow's talks on export controls with China. In order to lift rare earth restrictions for a year, Trump lowered tariffs, seems to have opened the door to Chinese investments, and paused probes
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@gonglei89
Lei Gong
on x
So uh China doesn't make any changes on rare earth export controls and gets tariff reductions. In case no one caught on China didn't actually start blocking REE exports when they announced controls and a “1 year agreement” can be ripped up unilaterally whenever they feel like it.
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@themichaelevery
Michael Every
on x
Having read the read outs, I still can read correctly if China has dropped its rare earth export controls for the U.S. for a year, or for everyone globally. Which makes more sense for both parties? The cynic in me says 'just for the U.S., but I stand to be corrected. [image]