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The Daily

Two Superpowers Across the Table

13 May 2026

Transcription

Chapter 1: What is the main topic discussed in this episode?

0.993 - 5.859 David Marchese

I'm David Marchese. And I'm Lulu Garcia Navarro. And we're the hosts of The Interview from The New York Times.

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6.079 - 12.127 Unknown

David and I have spent our careers interviewing some of the most interesting and influential people in the world.

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12.287 - 16.071 David Marchese

Which means we know when to ask tough questions and when to just sit back and listen.

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16.192 - 22.86 Unknown

And now we've teamed up to have these conversations every week. We'll try to reveal something about the people shaping our world.

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23.14 - 24.782 David Marchese

And we'll get some great stories from them, too.

25.163 - 29.548 Unknown

It's The Interview from The New York Times. Listen wherever you get your podcasts.

32.6 - 61.594 Rachel Abrams

From The New York Times, I'm Rachel Abrams, and this is The Daily. For the first time in nearly a decade, President Trump will meet with China's President Xi Jinping in Beijing. The meeting comes as Trump struggles to extract himself from the war with Iran and must now face off against China, the biggest threat to the U.S. 's dominance on everything from technology to trade.

62.603 - 79.107 Rachel Abrams

Today, my colleague David Sanger explains what's likely to come of this meeting, and more pressingly, what will not. It's Wednesday, May 13th.

79.127 - 88.059 David E. Sanger

Hey guys, can you hear me?

Chapter 2: What is the significance of the Trump-Xi meeting in Beijing?

270.723 - 283.925 David E. Sanger

And of course, all summits are about optics. And while I'm sure there will be all the pomp and ceremony that goes with these, the fact of the matter is he comes into this summit looking a bit weakened.

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283.945 - 294.503 Rachel Abrams

OK, so I understand that Donald Trump is walking into these meetings much weaker than in 2017. But as for the meeting itself, what do we know, if anything, about what they're actually going to be discussing?

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295.158 - 321.688 David E. Sanger

Well, we don't know a huge amount right now, but the obvious in any summit that involves President Trump is that you begin with the trade and economic relationships. And there, there's almost always a series of big purchases by China to be announced and potential business deals and memorandums of understanding, some of which will come to fruition and some of which will not.

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321.989 - 339.494 David E. Sanger

But these are all sort of the low-hanging fruit of the relationship. I mean, this is what Donald Trump would do in any big summit meeting. And in some ways, those may be the easier of the issues to resolve, which isn't to say that any of them are easy.

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339.634 - 345.702 Rachel Abrams

Well, can we dive into that a little bit more? Like when you say low-hanging fruit trade business, what are we talking about exactly?

345.722 - 365.602 David E. Sanger

Well, Rachel, this is Donald Trump and his idea of a summit. is to emerge with a bunch of business deals, even if they don't fundamentally change the nature of a relationship. And he set this one up just that way. And so you'll hear a lot about the three Bs, beef, beans, and Boeing.

366.182 - 367.884 Rachel Abrams

Why beans, beef, and Boeing?

368.565 - 391.448 David E. Sanger

Well, these are three big, distinctly American exports. The Chinese have always bought American soybeans, although they think they're overpriced. They've long been dependent on Boeing, although now they're building some very good aircraft of their own. And beef, well, they're trying to start up their own beef industry as well, but they're still buying some specialty American beef.

392.29 - 406.35 David E. Sanger

These are always the low-hanging fruit of these summits because China needs to buy some of this anyway, and the president wants to be able to go out and describe something that is an immediate deliverable to the American people.

Chapter 3: How has President Trump's approach to China evolved since 2017?

794.789 - 820.243 David E. Sanger

and Russia by about 2035. And why is this critical? Because just a few months ago, as we've discussed on The Daily before, the last remaining arms control treaty between Russia and the United States expired. And President Trump, I think, rightly said it doesn't make sense to negotiate a new one unless China's part of that agreement.

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820.747 - 847.834 David E. Sanger

And the Chinese so far have said outright they have no interest in arms control or even discussing it until they have an arsenal the size of ours, that they wouldn't put themselves in that kind of disadvantageous negotiating position. So President Trump said to us in January in our lengthy interview with him that he plans to bring up nuclear arms control issues with President Xi.

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848.219 - 859.538 David E. Sanger

I don't think it's going to get very far. The Chinese just aren't ready to discuss it. What they are ready to discuss is Taiwan and Taiwan's right to exist.

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859.558 - 863.404 Rachel Abrams

And what specifically about Taiwan do you anticipate coming up in this meeting?

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863.444 - 892.931 David E. Sanger

Well, Xi Jinping would like to do anything he can to show that the United States is is becoming more open to the thought that China over time would take over Taiwan. He doesn't expect an invitation for them to do so. What he's looking for are some small wording changes that might make the Taiwanese more doubtful that the U.S. would come to their aid.

893.451 - 894.513 Rachel Abrams

Wording changes like?

894.933 - 929.374 David E. Sanger

Well, the simplest one that is described most often is that American officials usually say that they would not support Taiwan declaring its own independence. But what the Chinese want to do is move that word to oppose. Sounds like a small change. In fact, it's got big diplomatic significance to it because opposes means that we would take a specific view that the only real China is

929.86 - 935.247 David E. Sanger

the People's Republic, and that we would oppose any effort to go challenge that.

935.748 - 942.676 Rachel Abrams

Right. The words themselves might seem like not that big of a deal, but in effect, they are a huge deal diplomatically.

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