President Trump Goes to China 5/13/26

Squawk Pod

CNBC

Business News, News, Investing, Business

4.2 • 543 Ratings

🗓️ 13 May 2026

⏱️ 35 minutes

🔗️ Recording | iTunes | RSS

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Summary

President Donald Trump has landed in Beijing for a highly anticipated two-day summit with Chinese President Xi Jinping. CNBC’s Eamon Javers reports on the stakes for trade, diplomacy, and U.S.-China relations. Bob Hormats, former Goldman Sachs International vice chairman and former Under Secretary of State, shares his perspective on the meeting and the state of the relationship between the two global powers. Plus, Tech Journalist Joanna Stern discusses her new book, “I Am Not a Robot,” and what she learned after letting AI control her life for a year. Eamon Javers 3:53 Robert Hormats 16:03 Joanna Stern 28:25 In this episode: Joanna Stern, @joannastern Eamon Javers, @eamonjavers Joe Kernen, @JoeSquawk Andrew Ross Sorkin, @andrewrsorkin Katie Kramer, @Kramer_Katie

Transcript

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0:00.0	bring in show music please.
0:04.3	Hi, I'm CNBC producer Katie Kramer. Today on Squawk Pod.
0:10.0	An American in Beijing. President Trump's first trip to China in nearly a decade for a face-to-face meeting with China's President Xi.
0:18.8	The plane has a few American business leaders riding along.
0:22.6	Our Amin Javers reports. A lot of CEOs are just hoping that this meeting can extend that trade
0:28.4	truce as the first of possibly four meetings between Trump and Xi Jinping this year.
0:34.7	What does Xi Jinping want from this meeting? We hear from Robert Kormats,
0:39.7	former Goldman Sachs vice chair, and a former Undersecretary of State. When President Trump goes there
0:46.1	and asks for something, she will come back with a lot of confidence that China is an equal
0:51.1	or close to an equal on technology and other things.
0:54.6	And the historic significance is intense.
0:58.4	They played a long game.
0:59.8	Mao in the 50s, when China was a developing country,
1:03.6	made the point that we want to be able to catch up with the U.S.
1:07.8	to avoid the U.S. pushing us around about 50 to 75 years.
1:13.3	Plus, would you make AI your assistant, your friend, your doctor, the year of living
1:19.1	artificial intelligence e with Joanna Stern? Over the last year, did it get considerably better?
1:26.3	Absolutely. It is Wednesday, May 13th,
1:29.7	2026. Squawk pod begins right now. Stand and under by in three, two, one, up in Andrews,
1:37.9	two, Mike. Good morning, welcome to Squackbox right here on CNBC. We're live at the NASDAQ
1:43.4	market setting Times Square. I'm Andrew Ross Sorkin along with Joe Kernan. Becky's off today. The Dow managed to close hire yesterday, but it's down this morning. The NASDAQ was a big loser yesterday. It's up this morning. So I don't know what all that means. The S&P was down a little bit yesterday, so not a new high, but there's been a lot of new highs recently.
2:03.2	And President Trump, he went, you know, he went west.
	...

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