Nvidia’s Huang joins Trump’s China trip

US President Donald Trump arrived in Beijing for his first presidential visit to China in nearly a decade, bringing Nvidia CEO Jensen Huang along to advocate for expanded market access. Trump announced he would urge Chinese President Xi Jinping to 'open up' China to US businesses, particularly tech firms facing regulatory hurdles like Nvidia, which seeks approval to sell its H200 AI chips. Huang joined the trip at the last minute, boarding Air Force One during a refueling stop in Alaska. The delegation includes CEOs from companies seeking to resolve business issues with China, as Trump aims to secure economic wins amid domestic political challenges. His visit follows three-hour trade talks in South Korea between US negotiator Scott Bessent and Chinese Vice Premier He Lifeng, though no immediate details were released. The summit covers sensitive topics, including Iran’s war, US arms sales to Taiwan, and a stalled $14 billion arms package awaiting Trump’s approval. China reiterated opposition to such sales, while the US seeks to sell Boeing aircraft, agricultural products, and energy to reduce its trade deficit. Beijing, however, wants eased restrictions on chipmaking equipment exports. Trump’s leverage is weakened by legal limits on tariffs and rising domestic inflation, while Xi faces no comparable economic or political pressure. Analysts suggest maintaining the status quo—avoiding escalation—is a positive outcome after last year’s trade war. The visit includes a state banquet, a tour of the Temple of Heaven, and broader discussions on trade and investment.