Trump Says China's Xi Is Coming to White House This Year

Summary

President Trump said he spoke by phone with Xi Jinping and that Xi will visit the White House toward the end of the year, following Trump's planned April trip to China. Bloomberg's Minmin Low said the readouts differed: Trump highlighted a positive personal relationship, economic issues, and Chinese agricultural pledges, while China's readout focused on Taiwan and warned about US arms sales. Xi also held a long video call with Putin, with the two sides presenting a united front amid global market uncertainty and the Iran crisis.

• Trump says Xi will visit the White House by year-end after a phone call.
• Trump calls his relationship with Xi extremely good and says economy was a key topic.
• Minmin Low sees reciprocal visits as a stabilization of US-China relations.
• China's readout focuses on Taiwan and warns on US arms sales.
• Trump's readout cites soybean purchases and discusses oil and gas purchases.
• Xi and Putin held a 90-minute video call and presented a united front on Iran.
• The segment is geopolitical and macro news with no explicit investment recommendation.