President Trump announced on July 6 that he expects to welcome Chinese President Xi Jinping to the United States around September 24, timing the visit to coincide with the UN General Assembly in New York. The meeting would mark the first time Xi has visited the US during Trump’s current term, and it arrives at a moment when crypto markets are watching US-China dynamics with unusual intensity.
The visit is being framed as reciprocal. Trump extended the invitation during a bilateral summit and state banquet in Beijing on May 14, where the two leaders sat down to discuss trade, tariffs, technology, fentanyl, and Iran.
What happened in Beijing and why it matters
The May summit in Beijing was Trump’s first visit to China since 2017. The two sides came away with agreements on strategic stability, tariff restraint, and cooperation on AI and critical minerals.
They also committed to maintaining open channels for trade and extending what’s been called the Busan Consensus, a framework for economic understanding between the two largest economies on Earth.
