Trump, Xi to Talk Trade and AI as Truce Hangs in Balance

U.S. President Donald Trump and Chinese President Xi Jinping are set to speak, with a fragile trade truce between the two countries at stake. The talks will cover trade and artificial intelligence, two areas where the U.S. and China are locked in fierce competition. Washington and Beijing agreed to the truce earlier, pausing steep tariffs that had raised prices for businesses and consumers in both countries. That pause is now in question. If the two leaders fail to reach common ground, tariffs could return. AI has become a central point of tension. Both nations are racing to lead the technology, and each side sees the other as its main rival. A truce is a temporary stop to fighting. In trade, it means both sides hold off on new tariffs while they negotiate. The call's outcome could shape the economic relationship between the world's two largest economies — and affect markets far beyond their borders.