Trump-Xi meeting was good and both agree for Hormuz remaining open - Reuters

FXStreetMay 14, 2026 8:43 AM

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According to a White House official, the meeting between United States (US) President Donald Trump and Chinese leader Xi Jinping was “good” and they both discussed ways to enhance economic cooperation, Reuters reports.

Additional remarks

Two sides discussed expanding market access for American businesses into China and increasing Chinese investment.

The presidents also highlighted the need to build on progress in ending the flow of fentanyl precursors into the US, as well as increasing Chinese purchases of American agricultural products.

Two sides agreed that the Strait of Hormuz must remain open.

Both countries agreed that Iran can never have a nuclear weapon.

Taiwan not mentioned in white house readout of Xi-Trump meeting.

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