# Trump and Xi meet as trade truce expires

> The US and China face critical decisions on tariffs, AI, and rare minerals at a White House summit this week.
- Title: Trump and Xi meet as trade truce expires · WIRED | Shortify
- Summary: The US and China face critical decisions on tariffs, AI, and rare minerals at a White House summit this week. Both sides have leverage but little incentive…
- Keywords: trump, xi jinping, us china relations, trade war, tariffs, rare earth minerals, ai competition, taiwan, white house summit, trade truce, meet, trade
- Source: WIRED — https://wired.com/story/ai-tariffs-rare-minerals-what-to-expect-from-trumps-upcoming-summit-with-xi-jinping
- Author: Javier Carbajal
- Published: 2026-09-21T18:33:02.72+00:00
- Read time: 1 min
- Topics: trump, xi jinping, us china relations, trade war, tariffs, rare earth minerals, ai competition, taiwan, white house summit, trade truce
## Trump welcomes Xi at the White House
Trump will personally greet Chinese president Xi Jinping at Joint Base Andrews on Wednesday, September 23, an unusual diplomatic gesture that signals the importance of this summit.
## Trade truce expires in November
The agreement from Trump and Xi's meeting last year in Busan expires November 10, forcing both sides to decide whether to extend it or renegotiate terms on tariffs and purchase targets.
## Rare minerals are leverage
China controls the global supply of rare earth minerals essential for AI, defense, and automobiles. The Busan agreement lifted China's export limits, and Beijing is using this dominance to pressure Washington in trade negotiations.
## AI safety divides both sides
The US wants to discuss AI safety and export controls on computer chips, while China seeks relief from technology restrictions. US businesses are split between wanting regulation and fearing they'll fall behind China.
## Taiwan threatens to derail talks
China has threatened to pull out of the summit if the US approves new arms sales to Taiwan. Both sides are expected to discuss Iran ties and detained nationals while avoiding major concessions.
## Expect gestures, not breakthroughs
Both sides will likely make symbolic moves to show progress, but neither has strong incentive to make major concessions. Status quo is probably the best outcome both expect.

> I think there will be some show of deliverables because of the fact that it's a presidential summit coming, but I don't feel like we're on the verge of some sort of breakthrough.
## Key takeaway

Both sides have leverage but little incentive to make major concessions, so expect symbolic gestures rather than breakthroughs.