Trump Invites Xi To White House In September, Says US-China Relationship Goes Back To America's Founding

• President Trump waxed eloquent about the strong relationship between the two countries, stating that it grew over the past 250 years due to the talent of the people in the U.S. and China.
• Earlier, President Xi asked if the U.S. and China could work to avoid the “Thucydides Trap”, calling the relationship between the two countries the most important in the world.
• Xi also warned that the U.S.-China relationship could be pushed into a dangerous place if the Taiwan issue was not handled well.

President Donald Trump on Thursday invited his Chinese counterpart, Xi Jinping, to visit the White House in September. Trump stated that he had very productive and positive conversations with the Chinese delegation on Thursday.

“The relationship between the American and Chinese people goes all the way back to America’s founding. The first American consul to China, Samuel Shaw, arrived on the first American trading ship to reach these shores in 1784. Two and a half centuries later, that first connection has grown into one of the most consequential relationships in world history,” Trump said.

Growing Relationship Reflects Talent Of People, Says Trump

President Trump waxed eloquent about the strong relationship between the two countries, stating that it grew over the past 250 years due to the talent of the people in the U.S. and China.

“Chinese workers helped lay the railroad tracks that connected our Atlantic coast to the Pacific. American travelers to China helped spread literacy and modern medicine,” he said.

Trump also recalled that former President Theodore Roosevelt helped establish President Xi’s alma mater, Tsinghua University.

Xi Asks If US, China Could Avoid ‘Thucydides Trap’

Earlier, President Xi asked if the U.S. and China could work to avoid the “Thucydides Trap”, calling the relationship between the two countries the most important in the world.

Xi also warned that the U.S.-China relationship could be pushed into a dangerous place if the Taiwan issue was not handled well.

The Chinese President called Trump’s visit historic, adding that “the great rejuvenation of the Chinese nation” and “Make America great again” can happen simultaneously.

U.S. equities gained in Thursday’s pre-market trade. At the time of writing, the SPDR S&P 500 ETF (SPY), which tracks the S&P 500 index, was up 0.29%; the Invesco QQQ Trust ETF (QQQ) rose 0.19%; and the SPDR Dow Jones Industrial Average ETF Trust (DIA) gained 0.76%. Retail sentiment on Stocktwits regarding the S&P 500 ETF was in the ‘bullish’ territory.

Also See: Nvidia’s China Bet May Be Warming Again: Jensen Huang Says He Hopes Trump, Xi ‘Build’ Stronger Ties

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