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Forex· May 07, 2026 at 04:28 AM

US senator teases Boeing airplane purchases when Trump and Xi meet next week

Authored by·Editorially reviewed
Onur Erkan Yıldız
Founder, Financial Engineer · CMB-licensed
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<p class="text-align-justify">As a reminder, US president Trump is scheduled to meet with China president Xi Jinping next week on 14-15 May. The meeting will take place in Beijing and will mark the first time since a US president has travelled to China since 2017. There will be a lot of things to talk about and we're already starting to see the groundwork get laid out this week.</p><p class="text-align-justify">US senator, Steve Daines, has led a delegation to Beijing - which includes senators Maria Cantwell, Deb Fischer, Mike Lee, and Jerry Moran. They are meeting with key Chinese officials including top diplomat Wang Yi today. The visit will also reportedly include some visits to tech businesses in Shanghai.</p><p class="text-align-justify">Daines is a familiar face in dealing with China, with this being his seventh trip to the east since being elected to Congress. He was part of a management role in Procter & Gamble in the past, working in a capacity to launch American brands to compete against Chinese products in China itself. So, there's that for a little background.</p><p class="text-align-justify">The latest headlines from the meet up today sees Daines say that "we want to de-escalate and not decouple". Adding that the US and China will work together on the basis of mutual respect.</p><p class="text-align-justify">He doesn't deny that there are discrepancies on trade between the two sides at the moment though. That as he says that "we will have some trade issues". Howe

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