President Donald Trump will host Chinese President Xi Jinping at the White House on Sept. 24 as both countries seek to preserve the Busan trade truce before it expires on Nov. 10, 2026. Ahead of the summit, China’s yuan strengthened to 6.6957 per dollar, its strongest level since Jan. 16, 2023, after the People’s Bank of China set a stronger daily midpoint, while analysts cautioned that the move may reflect policy-managed stability rather than a sustained appreciation cycle. Preparatory talks in New York between Treasury Secretary Scott Bessent, U.S. Trade Representative Jamieson Greer and Chinese Vice Premier He Lifeng covered tariffs, agricultural purchases, rare-earth and critical-mineral supplies, artificial intelligence, supply chains and Middle East tensions. The sides have not confirmed a major breakthrough or tariff relief.