Trump Leaves China With New Focus on Trade, Rare Earths

Summary

Bloomberg reports on President Trump's two-day summit with China's Xi Jinping in Beijing. The discussion covers trade deals, Boeing jet orders, agricultural purchases, rare earths, and the lack of semiconductor export control negotiations. Ambassador Jamison Greer gives a passing grade to the rare earths discussion and notes that chip talks were not on the agenda.

• Trump and Xi met in Beijing for a two-day summit.
• Trade was the main focus, but few specific outcomes were announced.
• A Boeing jet order of 200 was confirmed, below expectations of up to 500.
• China may purchase more agricultural products, details pending.
• Rare earths were discussed as a negotiating tool, with a passing grade.
• Semiconductor export controls were not discussed despite speculation.