US President Donald Trump is in Beijing for a two-day summit with Chinese President Xi Jinping, marking his first visit to China in nine years. The leaders will discuss key issues including trade and the economy, amidst a fragile 'trade truce' that followed a significant tariff imposed by the US on Chinese goods. The truce aims to stabilize relations before further damage occurs to global supply chains, as US firms seek suppliers outside China and Chinese companies look to Europe and Southeast Asia. Additionally, the ongoing US-Iran conflict is expected to play a significant role in the discussions, with Trump downplaying its impact but acknowledging the potential need for China's diplomatic assistance, particularly regarding the Strait of Hormuz, a crucial route for global oil shipments. The summit seeks to address these pressing issues and foster a more stable economic relationship between the two nations.