• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year

2

Indeed chief economist says we’re entering an era of ‘great mismatch’ thanks to a generational imbalance of workers

3

Microsoft reports are exposing AI's real cost problem: Using the tech is more expensive than paying human employees

1

Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year

2

Indeed chief economist says we’re entering an era of ‘great mismatch’ thanks to a generational imbalance of workers

3

Microsoft reports are exposing AI's real cost problem: Using the tech is more expensive than paying human employees
PoliticsDonald Trump
Asia

Trump says Xi will visit Washington in ‘not too distant future’

By
Bloomberg
Bloomberg
Down Arrow Button Icon
By
Bloomberg
Bloomberg
Down Arrow Button Icon
March 18, 2025, 3:55 AM ET
Trump has said he is open to talks on reaching a deal, even as he intensifies pressure on Beijing.
Trump has said he is open to talks on reaching a deal, even as he intensifies pressure on Beijing.Chip Somodevilla—Getty Images

President Donald Trump said Chinese leader Xi Jinping would visit Washington soon, as trade tensions build between the world’s two largest economies.

Recommended Video

Xi will be coming in the “not too distant future,” Trump said Monday while attending a board meeting at the John F. Kennedy Center for the Performing Arts, as he touted a string of recent visits by leaders from India, France, the UK and Ireland. 

Trump has ramped up a trade fight with China since returning to office, twice hiking blanket tariffs on imports from the Asian country. The president has called those moves a response to Beijing’s failure to crack down on the flow of illegal fentanyl and the precursor chemicals used to make it. 

The Wall Street Journal previously reported U.S. and Chinese officials were discussing a possible “birthday summit” in June that would see the two leaders—who both have birthdays in the middle of the month—meet for the first time since Trump returned to the White House. The U.S. president did not detail specific timing for the possible meeting. 

Chinese Foreign Ministry spokeswoman Mao Ning said Tuesday at a regular briefing in Beijing that she had no information to provide on a potential Trump-Xi meeting. 

Trump also said last month that he’d speak with Xi, “probably in the next 24 hours,” as his initial 10% tariff hike loomed. That tariff deadline passed without any public record of the two men talking. 

Chinese and U.S. top leaders typically take turns visiting each others’ nations, a protocol that puts the onus on Trump to visit Beijing before hosting his counterpart. While Xi traveled to California in late 2023, Joe Biden became the first U.S. president since Jimmy Carter not to visit China while in office.

Discussions between the two countries that would typically set up a leaders’ meeting are stuck at lower levels, with both sides deadlocked on how to proceed. Beijing said Washington hasn’t outlined detailed steps it expects from China on fentanyl to have the tariffs lifted, according to people familiar with the issue. Trump’s team rejects that assertion, according to a person familiar with the matter, who said the White House had sent messages to China through diplomatic channels.

Republican Senator Steve Daines, a member of the Foreign Relations Committee, is expected to meet this weekend with a senior Chinese leader and representatives of U.S. businesses in China, according to people familiar with the matter. Daines said on social media that one of the issues he’d raise is the “the flow of deadly fentanyl into our country.”

‘Big Thank You’

China has accused Trump of using fentanyl as pretext to raise tariffs. A Foreign Ministry official last week said Washington should offer a “big thank you” for Beijing’s work cracking down on drug trafficking instead of slapping levies on imports, and urged the Trump administration to resume talks.

China has implemented retaliatory tariffs, but those measures have been more limited than its response to Trump’s trade actions in his first term. After Trump doubled the tariff on Chinese imports to 20% earlier this month, Beijing announced levies as high as 15% on U.S. agricultural goods and banned trade with some defense companies. 

Trump has said he is open to talks on reaching a deal, even as he intensifies pressure on Beijing. In any such discussions, the U.S. will want to address more than fentanyl, according to a person familiar with the matter, who said China’s help creating jobs in the American heartland, ensuring the centrality of the dollar in global trade and Xi’s support in ending the war in Ukraine would be on the agenda.

Also in focus will be Beijing’s implementation of a trade deal struck during Trump’s first term, under which China promised to crack down on the theft of U.S. trade secrets and purchase an additional $200 billion in American products. A U.S. review into that agreement is set to wrap on April 1. 

While Trump has often praised Xi, their relationship during his first term was derailed after the COVID-19 pandemic hit, a global public health crisis the U.S. leader blamed on China. 

The two men last spoke in January, days before the U.S. president was inaugurated for his second term, in a discussion that touched on trade relations, a potential sale of the U.S. operations of ByteDance Ltd.’s TikTok app and efforts to curb fentanyl trafficking. 

Subscribe to Fortune Gulf Brief. Every Tuesday, this new newsletter will deliver clear-eyed, authoritative intelligence on the deals, decisions, policies, and power shifts shaping one of the world’s most consequential regions, written for the people who need to act on it. Sign up here.
About the Author
By Bloomberg
See full bioRight Arrow Button Icon

Latest in Politics

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.


Latest in Politics

t
PoliticsWhite House
Trump was supposed to talk about the economy. Instead he asked why toiletries are locked up in pharmacies
By Nick Lichtenberg, Seung Min Kim, Darlene Superville and The Associated PressMay 23, 2026
11 minutes ago
trump
North AmericaWhite House
4 ways Trump is following the Venezuela playbook with Cuba, and one where he isn’t
By Ben Finley, Matthew Lee, Farnoush Amiri, Konstantin Toropin and The Associated PressMay 23, 2026
16 minutes ago
w
BankingFederal Reserve
Trump on new Fed Chair Kevin Warsh: ‘Do your own thing’ but don’t lose your way like Jerome Powell did
By Will Weissert, Michelle L. Price and The Associated PressMay 23, 2026
21 minutes ago
rabb
PoliticsElections
How a ‘proud troublemaker’ Democratic socialist beat the system in Philadelphia by 15 points
By Marc Levy and The Associated PressMay 23, 2026
25 minutes ago
Trump to force foreigners to apply for a green card abroad—but those who provide ‘economic benefit’ or serve ‘national interest’ may be able to stay
PoliticsImmigration
Trump to force foreigners to apply for a green card abroad—but those who provide ‘economic benefit’ or serve ‘national interest’ may be able to stay
By Rebecca Santana, Gisela Salomon and The Associated PressMay 23, 2026
58 minutes ago
Trump AI and crpto czar David Sacks sits next to Meta CEO Mark Zuckerberg at a dinner table in the White House as Zuckerberg turns to Sacks and says something.
AIAmerican Politics
Tech billionaires convinced Trump to back off an AI executive order. But much of MAGA favors AI regulation
By Jeremy KahnMay 22, 2026
19 hours ago

Most Popular

Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year
Success
Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year
By Preston ForeMay 21, 2026
2 days ago
Indeed chief economist says we’re entering an era of ‘great mismatch’ thanks to a generational imbalance of workers
Success
Indeed chief economist says we’re entering an era of ‘great mismatch’ thanks to a generational imbalance of workers
By Emma BurleighMay 22, 2026
24 hours ago
Microsoft reports are exposing AI's real cost problem: Using the tech is more expensive than paying human employees
AI
Microsoft reports are exposing AI's real cost problem: Using the tech is more expensive than paying human employees
By Jake AngeloMay 22, 2026
22 hours ago
Despite a $500 million net worth, Shaq just finished his fourth degree. He warns graduates: 'Your character will take you further than your resume'
Success
Despite a $500 million net worth, Shaq just finished his fourth degree. He warns graduates: 'Your character will take you further than your resume'
By Preston ForeMay 20, 2026
3 days ago
Bolt CEO says he let go of his entire HR team for creating problems that didn’t exist: ‘Those problems disappeared when I let them go’ 
Workplace Culture
Bolt CEO says he let go of his entire HR team for creating problems that didn’t exist: ‘Those problems disappeared when I let them go’ 
By Preston ForeMay 19, 2026
4 days ago
Apple’s Steve Wozniak says he cofounded the tech giant after 5 rejections from HP—not to ‘make money.’ For years, his paycheck was just $50
Success
Apple’s Steve Wozniak says he cofounded the tech giant after 5 rejections from HP—not to ‘make money.’ For years, his paycheck was just $50
By Preston ForeMay 22, 2026
1 day ago