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CNBC

Trump and Xi are set to meet in DC. Why some China watchers have low expectations

* Trump to host Xi at White House Sept 24 amid Iran sanctions and trade tensions. * Low expectations for breakthroughs; focus on managing stalemate, not resolving issues. * Midterms and domestic politics add pressure as U.S.-China relations stay fragile. President Trump will host Chinese leader Xi Jinping at the White House on Sept. 24. The summit carries high stakes due to the ongoing Iran conflict and U.S. plans for secondary sanctions that could hit Chinese firms. Expectations remain low after May's Beijing meeting produced few concrete deals. Both sides want to preserve the fragile trade truce. AI and trade are on the agenda, but analysts expect mostly symbolic or top-line announcements. The summit occurs weeks before U.S. midterms, adding domestic political pressure.
September 2, 2026 at 6:00 PM
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