Trump Lands In China With $16 Trillion Of CEO Power — And One Big Ask For Xi

President Donald Trump landed successful China Wednesday for a high-stakes gathering with President Xi Jinping, bringing with him a roster of firm heavyweights that underscores the marketplace stakes down the diplomacy. 

• NVDA banal is trading astatine all-time highs. See the illustration and terms enactment here. 

Trump previewed the travel connected Truth Social by saying helium would inquire Xi to "open up China" truthful U.S. concern leaders could "work their magic," adding, "I volition marque that my precise archetypal request."

The remark points to a dealmaking docket centered connected marketplace access, commercialized barriers and exertion restrictions, with Bloomberg framing the travel arsenic a propulsion to "open up" China for U.S. business.

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Trump's CEO Entourage

The CEO firepower is hard to miss.

Executives from large U.S. tech companies represented connected the travel carried a combined marketplace capitalization of astir $16.4 trillion and include:

• NVIDIA Corp. (NASDAQ:NVDA)

• Apple Inc. (NASDAQ:AAPL)

• Tesla Inc. (NASDAQ:TSLA)

• BlackRock Inc. (NYSE:BLK)

• Blackstone Inc. (NYSE:BX)

• Boeing Co. (NYSE:BA)

• Citigroup Inc. (NYSE:C)

• Coherent Corp. (NYSE:COHR)

• GE Aerospace (NYSE:GE)

• Goldman Sachs Group Inc. (NYSE:GS)

• Illumina Inc. (NASDAQ:ILMN)

• Mastercard Inc. (NYSE:MA)

• Meta Platforms Inc. (NASDAQ:META)

• Micron Technology Inc. (NASDAQ:MU)

• Qualcomm Inc. (NASDAQ:QCOM)

• Visa Inc. (NYSE:V)

The $16.4 trillion fig excludes Cargill and SpaceX, some backstage companies, and amounts to astir 3.5 times the size of Alphabet Inc. (NASDAQ:GOOGL)(NASDAQ:GOOG), based connected its existent marketplace worth connected Benzinga Pro.

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Jensen Joins the Delegation

Nvidia CEO Jensen Huang joined the delegation during a refueling halt successful Alaska, a notable summation arsenic Nvidia continues to navigate restrictions astir selling precocious artificial quality chips into China.

Tesla and SpaceX CEO Elon Musk was besides traveling connected the statesmanlike plane, portion Apple CEO Tim Cook was contiguous successful Beijing for the visit.

The travel comes arsenic Washington and Beijing stay locked successful disputes implicit tariffs, uncommon earths, AI competition, Taiwan and broader marketplace access.

Trump's connection suggests helium wants the acme to nutrient much than diplomatic theater: a way for America's largest companies to bash much concern wrong the world's second-largest economy.

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Photo: Michael Candelori / Shutterstock

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