President Donald Trump said he made "fantastic trade deals" with Xi Jinping as the pair met on Friday at final meetings of a superpower summit that, according to the U.S. leader, has also reaped a Chinese offer to help open the Strait of Hormuz.

The Chinese president expressed hope that the two countries would become partners rather than rivals at a moment of “turbulence and transformation” in the world.

Chinese President Xi Jinping and US President Donald Trump met in Beijing. The leaders engaged in high-level discussions. Topics included trade, Taiwan, and Iran. The meeting…