Trump Will Reportedly Bring 5 Billionaires Worth A Combined $870 Billion On His China Trip

President Trump invited a group of billionaires and high-profile CEOs, collectively worth an estimated $870 billion, to join him on his trip to China to meet President Xi Jinping. This summit, the first of Trump's second term, addresses trade tensions, the war in Iran, and the future of artificial intelligence. Attendees include Elon Musk, Tim Cook, Steven Schwarzman, Larry Culp, and Larry Fink, alongside executives from Boeing, Goldman Sachs, and Citigroup. Many of these business leaders have active negotiations with China; for instance, Boeing might secure a significant aircraft order. The two-day summit, delayed from March, is scheduled for Thursday. Key topics will include the war in Iran, as China is Iran's largest oil customer and Trump wants assistance reopening the Strait of Hormuz. Restarting official talks on artificial intelligence is also on the agenda. Both leaders desire stronger relations, with Trump anticipating a "big fat hug" from Xi. The Chinese embassy stated discussions would cover major bilateral and global issues, emphasizing cooperation and managing differences.