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Trump claims massive China trade wins amid vague details

New York Times Business •
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President Donald Trump left Beijing after a two‑day summit with Xi Jinping, branding the talks a triumph for U.S. exporters. He claimed China agreed to purchase 200 Boeing aircraft and more than $10 billion in American farm goods, energy and medical devices. The deals, if fulfilled, could boost Boeing's backlog and support farm exporters seeking new markets.

The visit marked Trump's first trip to China in nearly a decade, a moment watched for signs of easing geopolitical tension. While both sides said they gained stability, analysts noted no major breakthroughs. U.S. Trade Representative Jamieson Greer said a new “Board of Trade” will oversee tariff cuts on roughly $30 billion of goods. Both capitals hope the board will reduce friction and foster predictable flows.

Critics argue the announced purchases will not shift the broader U.S.–China rivalry, especially as disputes over technology, rare‑earths and AI chips linger. Greer signaled willingness to keep some tariffs while seeking Chinese imports of soybeans and beef. The lack of transparency also fuels skepticism among shareholders and policymakers alike. Investors will watch whether the pledged sales translate into actual revenue.