News Summary

• President Trump meets with Chinese President Xi Jinping later this week.
• There is a hope that the current truce between the US and China could be formally extended and some concessions negotiated.
• On artificial intelligence, there is little expectation for any agreement around scaling back the rapid pace of developing frontier AI models but hopes for increased communication.
• Three days of events are scheduled, beginning on Wednesday in Washington after Trump makes a trip to New York early this week for the UN General Assembly.
• The talks between the world's two largest economies are also expected to touch on the status of Taiwan, export curbs on rare earth minerals, the war in Iran, and recent currency developments around the Chinese Yuan.