Trump Prepares for Xi Summit with Focus on Boeing Deals and Tariffs

Key Facts

1President Trump stated that his upcoming meeting with Chinese leader Xi Jinping at the White House will cover almost everything.

2Trump emphasized that tariffs ranging from 100% to 150% have successfully kept Chinese vehicles out of the U.S. market.

3President Trump expects to finalize an agreement for China to purchase Boeing aircraft during the upcoming visit.

In a move reflecting ongoing trade tensions and the push to reduce the deficit with Beijing, President Donald Trump stated that his upcoming meeting with Chinese leader Xi Jinping at the White House will cover almost all pending issues. According to reports, Trump expects to finalize an agreement for China to purchase Boeing aircraft during this visit, a deal that has remained pending since their previous meeting in May. The President also emphasized the success of tariffs ranging from 100% to 150% in protecting the U.S. market from the influx of Chinese vehicles.

These comments come at a time when global automakers are facing mixed pressures due to hardline trade policies. Per market data, General Motors (GM) closed at $85.62, while Stellantis (STLA) stood at $5.4 and Volkswagen (VWAGY) at $9.34, as of the close on September 11, 2026. These price levels highlight investor anticipation for negotiation outcomes that could reshape supply chains in the aviation and automotive sectors.

Traders should monitor support and resistance levels for the impacted stocks, as GM hit a recent low of $85.31 on September 11, 2026. Looking at the economic calendar, there are no immediate upcoming events directly related to the aviation sector; however, recently released trade balance data from Germany and France indicate continued volatility in global trade, making the Washington summit the primary upcoming catalyst for markets.