Trump Says He's Going to Have a 'Great' Meeting With Xi

Watch on YouTube ↗  |  May 12, 2026 at 18:30  |  3:03  |  Bloomberg Markets
Speakers
Donald Trump — President of the United States

Summary

Donald Trump speaks before a trip to China, discussing his relationship with Xi Jinping, the Iran conflict, and the US economy. He asserts that the US military has decimated Iran's capabilities and that inflation rose due to the war. He claims the stock market is at an all-time high despite his earlier prediction of a dip.

  • Trump says his meeting with Xi Jinping will be 'great' and that their relationship is fantastic.
  • He states that the US has wiped out Iran's military and that Iran will not get a nuclear weapon.
  • Trump defends his inflation record, attributing the rise to the war in Iran.
  • He claims the US stock market is at its highest point in history.
  • Trump notes that China gets oil from the region but there have been no problems with the blockade.
  • He praises Pakistan's role but does not elaborate on mediation.
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