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Trump Leads High-Powered Business Delegation to Beijing to Reset Trade Ties

Elon Musk, Tim Cook, and other industry titans join the President to demand fair play and leverage economic influence to curb global instability.

Foreign PolicyPublished May 12, 2026 at 7:38 AM
Elon Musk (left) and Tim Cook (right)

President Trump is heading to Beijing this week with a formidable lineup of American business leaders, signaling a firm, results-oriented approach to the U.S.-China economic relationship.

The delegation includes heavyweights such as Tesla and SpaceX CEO Elon Musk, Apple’s Tim Cook, and BlackRock’s Larry Fink, alongside leaders from firms like Boeing, Visa, and JP Morgan.

This high-stakes visit marks the first time a U.S. president has traveled to China in nearly a decade, serving as a critical stress test for the fragile trade truce established following the previous administration’s failed policies and the subsequent tariff wars.

The presence of Micron Technology CEO Sanjay Mehrotra is particularly notable, as his firm has previously been targeted by Beijing’s retaliatory restrictions on critical infrastructure. While the delegation represents a broad cross-section of American industry, the mission goes beyond mere commerce.

President Trump intends to leverage this economic alignment to pressure Beijing—a key buyer of Iranian oil—to force Tehran to the negotiating table and end the ongoing war.

By bringing the architects of American prosperity directly to the table with Xi Jinping, the President is making it clear that the era of being taken advantage of is over, and that Beijing must choose between continued economic access to the U.S. or facilitating global instability.

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