President Donald Trump arrived in Beijing on May 13, 2026, for a two-day state visit with Chinese President Xi Jinping—the first by a sitting U.S. president since 2017—accompanied by CEOs from Nvidia, Tesla, Apple, and Boeing to discuss trade deals, rare earth minerals, Taiwan arms sales, and Iran tensions. Originally planned for March-April but delayed by the Iran conflict, the summit reflects ongoing bilateral diplomacy amid tariffs and supply chain frictions. Traders should monitor outcomes from the meetings through May 15, as agreements or escalations could influence future foreign policy, though the visit itself resolves any "by May 2026" market affirmatively based on confirmed travel. No prior trips occurred since Trump's January 2025 inauguration.