U.S. President Trump is inviting CEOs from Apple, Nvidia, Exxon, Boeing, and other major companies to accompany him on his trip to China next week, Semafor reported on Thursday.
Executives from Qualcomm, Blackstone, Citigroup, and Visa are also on the invitation list, according to the report.
Reuters:
A person familiar with the matter confirmed that Citigroup CEO Jane Fraser was invited. Qualcomm CEO Cristiano Amon will attend as long as the trip goes ahead as planned, said a source with knowledge of the matter.
Reuters was not able to confirm the full list of companies invited, but a different source said several CEOs received invitations on Wednesday evening.
In an interview with CNBC’s Jim Cramer, Nvidia CEO Jensen Huang said, “We should let the president announce whatever he decides to announce… If invited, it would be a privilege, it would be a great honor to represent the United States.”
The reporting comes as expectations swirl about possible deals during President Donald Trump’s visit next week to Beijing to meet with China’s leader Xi Jinping.
Boeing CEO Kelly Ortberg told Reuters in April the company was counting on the Trump administration to help unlock a long-awaited major order from China… that industry sources say could include 500 737 MAX jets, plus dozens of wide-body jets.
MacDailyNews Take: Hopes are high for a solid U.S.-China trade deal that delivers genuinely reciprocal trade.
America’s economy is already raring to go — resilient, innovative, and powered by AI-driven productivity gains, strong business investment, and years of pent-up demand. American ingenuity is locked and loaded. A smart agreement that opens markets, protects intellectual property, and levels the playing field would be pure rocket fuel.
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Correct me if I’m wrong but aren’t US tech companies busy getting OUT of China?