President Trump and Chinese President Xi Jinping are currently seated at the main table at a state banquet. President Xi called the visit historic, and said U.S.-China ties are "stable" amid talks with Trump's team.
President Xi offers a toast at the state banquet dinner in Beijing: "To the bright future of China-U.S. relations, and the friendship between the two peoples, and to the health of President Trump and all of the friends present."pic.twitter.com/VmJeU4Xk1f
According to a White House readout, Trump and Xi agreed that the Strait of Hormuz should remain open to free navigation and that Tehran should not charge a fee to ships using the critical waterway.
Key notes from the White House readout (courtesy of Bloomberg):
Trump Had A Good Meeting With Xi: White House Official
Leaders Discussed Increasing China's purchases of Agriculture
Trump, Xi Agreed Hormuz Must Remain Open: White House Official
U.S. Says Xi Made Clear China Opposes Militarization of Hormuz
Both Sides Agreed Iran Can Never Have A Nuclear Weapon: U.S.
U.S. Says Xi Expressed Interest in Purchasing More American Oil
Source: ZeroHedge News
