Jennifer Pak
๐ค SpeakerAppearances Over Time
Podcast Appearances
relations cannot go back to what it was in the past, but there could be a better future.
Jennifer Pak, NPR News, Beijing.
Well, he's bringing a bunch of CEOs from Boeing, Cargill, even NVIDIA, basically companies that want to sell more to China because many of their sales were stalled because President Trump launched a trade war last year.
Trump had launched tariffs on Chinese exports and he had imposed export controls on American high tech.
China struck back.
So they reached a kind of pause last year, but it's really fragile.
So the two leaders are meeting to stabilize the relationship.
Trump wants a deal.
China understands that about him and might find that easier to deal with.
Absolutely.
It's huge.
Yeah, it's like full of red plush carpet, chandeliers, marble walls.
It's just massive.
Yes, it's about face and the importance of this relationship.
That's a massive thing for Chinese officials, that they need to be seen as a peer to be respected.
Absolutely.
And China also wants to buy from the U.S.
You know, one of the Chinese officials' argument is if you want to rebalance the trade deficit, then let us, China, buy more top-notch semiconductors to run our AI.
Let us buy our jet engines that we need.
Absolutely, but guess what China's leverage is?