The offshore yuan eased to around 6.71 per dollar on Friday and was heading for weekly losses as traders assessed developments from the Trump-Xi summit in Washington. Artificial intelligence was a central issue at Thursday’s White House meeting, where both leaders discussed managing competition in the rapidly developing sector. Before the talks, Trump repeated his opposition to stricter AI guardrails, while Xi said the United States and China had the capability and responsibility to keep the technology under human control. Xi also urged the United States to explicitly oppose Taiwan independence, his first public appeal for Trump to reconsider Washington’s longstanding position on the self-governed island. The White House had not released an official readout, leaving Trump’s response unclear. A stronger US dollar also pressured the yuan as markets priced in about a 67% chance of a Federal Reserve rate hike in October.