Dimon, Fraser to join Trump-Xi state dinner as trade, AI talks loom
JPMorgan's Jamie Dimon and Citi's Jane Fraser are expected at Trump's state dinner for Xi Jinping, alongside tech and business leaders.
JPMorgan Chase chief executive Jamie Dimon and Citigroup head Jane Fraser are expected to attend the state dinner US President Donald Trump will host for Chinese President Xi Jinping in Washington next week, joining a guest list that also includes several of America's most prominent technology executives.
OpenAI CEO Sam Altman and Nvidia CEO Jensen Huang are among those expected at the dinner, along with Amazon founder Jeff Bezos, Tesla and SpaceX chief Elon Musk, Google CEO Sundar Pichai, Dell Technologies CEO Michael Dell and former Apple CEO Tim Cook. Fraser had earlier travelled with Trump as part of a delegation of business leaders during his visit to Beijing in May.
Xi is due to arrive at Joint Base Andrews on Wednesday, where Trump is expected to greet him personally. The visit is Xi's first state visit to the United States in more than a decade.
The main programme is set for Thursday. Trump and first lady Melania Trump will formally welcome Xi and his wife, Peng Liyuan, at the White House, after which the two presidents will hold bilateral talks following a military review in the Rose Garden. That evening, the Trumps will host the Chinese couple at a state dinner in the East Room, where both presidents are expected to speak.
The dinner comes as the two governments prepare for discussions on trade and technology. US officials have indicated the sides could be ready to lower tariffs on a narrow set of non-strategic goods seen as mutually beneficial, though Washington is not expected to offer relief on export controls in return for larger Chinese supplies of rare earth minerals.
Artificial intelligence is also likely to figure in the broader economic talks. Treasury Secretary Scott Bessent is scheduled to meet Chinese Vice Premier He Lifeng in New York over the weekend, with AI among the subjects on the agenda.
China's stockpiles of rare earth minerals remain a central issue. The materials, used in goods ranging from smartphones to defence equipment, have become a significant source of leverage in the US-China trade dispute.