BEIJING, 19 May. - (ANA) - The Trump-Xi summit in Beijing centered primarily on trade issues, sidelining artificial intelligence (AI) despite its global significance and ongoing U.S.-China competition, according to Time magazine. 

 

No agreements on AI governance or technology cooperation emerged, as discussions focused on U.S. exports like Boeing and agricultural products. 

 

Meanwhile, geopolitical concerns like Taiwan, Iran, and the closure of the Strait of Hormuz—a critical route for energy and semiconductor-related materials—played a key role. 

 

The energy disruptions have raised chip production costs, affecting major suppliers like Taiwan’s TSMC, which services both U.S. and Chinese tech firms amid ongoing export restrictions.   - (ANA) -

 

AB/ANA/19 May 2026 - - -