Trump Invites Nvidia, Apple, Exxon, Boeing CEOs to Accompany Him on China Visit (Comprehensive)

"Trump Invites Nvidia, Apple, Exxon, Boeing CEOs to Accompany Him on China Visit" (Comprehensive)

Online media Semafor: "Qualcomm, Blackstone, Citi, Visa also included in the list"

U.S. President Donald Trump has invited CEOs of major domestic companies such as Nvidia and Apple to join him as part of his delegation during his visit to China, online media Semafor reported on the 7th (local time).

In addition to these tech giants, CEOs from ExxonMobil, Boeing, Qualcomm, Blackstone, Citigroup, and Visa were also included in the list of invitees to accompany President Trump for the U.S.-China summit on the 14th-15th.

U.S. business media CNBC reported that Boeing CEO Kelly Ortberg and Citigroup CEO Jane Fraser have accepted the invitation to join the delegation.

An official familiar with the matter stated that President Trump recently met with corporate CEOs and spontaneously told them, "See you in Beijing," stimulating their 'FOMO' (Fear Of Missing Out).

It is known that the recommendations for the China visit delegation are actively led by Treasury Secretary Scott Bessent, U.S. Trade Representative (USTR) Jamieson Greer, and U.S. Ambassador to China David Perdue.

However, this media outlet assessed that President Trump's visit to China has less of a commercial character compared to last year's Middle East tour, where many businesspeople participated and achieved investment results, and is rather focused on fostering the relationship between President Trump and President Xi Jinping.

It was analyzed that the commercial achievements the U.S. might gain from China during this visit are expected to be limited to the sale of U.S. soybeans and Boeing aircraft.

Sources previously stated that China has agreed to resume purchasing U.S. soybeans and is requesting multi-year parts warranties from the U.S. in connection with a contract to purchase 500 narrow-body aircraft from Boeing.

CNBC analyzed that CEO Ortberg's visit to China is actually aimed at securing a contract for the supply of its 737 MAX narrow-body aircraft, which resumed production after being suspended due to crashes in 2018 and 2019.

CEO Fraser stated in an interview with Bloomberg in November last year that Citigroup, which has been doing business in China since 1902, recognizes investors' 'renewed interest' in China.