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Home»Money»Trump signals possible delay to Beijing summit as U.S. pressures China to help reopen Strait of Hormuz
Trump signals possible delay to Beijing summit as U.S. pressures China to help reopen Strait of Hormuz
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Trump signals possible delay to Beijing summit as U.S. pressures China to help reopen Strait of Hormuz

March 17, 2026No Comments0 Views
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U.S. President Donald Trump prepares to greet Chinese language President Xi Jinping forward of a bilateral assembly at Gimhae Air Base on October 30, 2025 in Busan, South Korea.

Andrew Harnik | Getty Photographs

U.S. President Donald Trump stated his deliberate journey to China later this month could possibly be delayed as Washington sought to stress Beijing to assist reopen the Strait of Hormuz, underscoring a renewed flashpoint in an already fragile bilateral relationship.

In an interview with the Monetary Instances on Sunday, Trump stated he anticipated China to assist unblock the strait earlier than he travels to Beijing for a summit with Chinese language chief Xi Jinping, which had been scheduled for March 31 to April 2.

Trump added that the 2 weeks to the assembly had been a “very long time” and that Washington needed readability earlier than then. “We could delay,” Trump advised the FT, with out elaborating on timing.

The remarks got here as Treasury Secretary Scott Bessent met his Chinese language counterpart He Lifeng in Paris for talks in regards to the deliberate summit. Beijing has but to verify the dates and sometimes declares such plans nearer to their scheduled begin.

Chatting with CNBC Monday, Bessent stated that the assembly between Trump and Xi could possibly be as an alternative delayed for logistical causes, such because the president selecting to remain in Washington to coordinate the battle effort in Iran.

“If the conferences are delayed, it would not be delayed as a result of the president demanded that China police the Strait of Hormuz,” Bessent stated in an interview with CNBC’s Brian Sullivan in Paris. “If the assembly, for some cause, is rescheduled, it will be rescheduled due to logistics.”

The go to to China can be the primary for a U.S. president since Trump’s final journey throughout his first time period in 2017. It additionally comes 5 months after the 2 leaders met within the South Korean metropolis of Busan, the place they agreed to a one-year truce in a commerce battle that had seen tit-for-tat tariffs briefly soar to triple-digit ranges final yr.

Chinese language high diplomat Wang Yi stated earlier this month that the agenda for the change was already “on the desk.”

Nevertheless, the numbers recommend Beijing could also be extra insulated from the strait closure and surging oil costs than Trump’s feedback implied.

Seaborne oil imports by way of the strait now account for lower than half of China’s whole oil shipments, in keeping with Rush Doshi, director of the China Technique Initiative on the Council on Overseas Relations, a Washington-based suppose tank. Nomura additionally estimated that oil flows by way of Hormuz symbolize simply 6.6% of China’s whole power consumption.

Satellite tv for pc imagery tracked by maritime analysis companies confirmed that Iran has continued to ship giant quantities of crude oil to China because the battle broke out late final month.

A ‘bluff’

Beijing is unlikely to adjust to Trump’s demand to ship naval vessels to assist reopen the Strait, neither is the president critical about canceling the Beijing summit, stated Edward Fishman, a senior fellow on the Council on Overseas Relations.

Fishman dismissed Trump’s remarks as a “bluff.”

“And that is going to present China an enormous quantity of leverage, as a result of they’re those who maintain the important thing to all of these applied sciences,” Fishman stated.

Either side appeared to ratchet up stress forward of the high-stakes summit in Beijing. The U.S. launched commerce investigations right into a broad swath of nations over alleged extra capability and failures to deal with compelled labour.

In an announcement Monday, China’s commerce ministry stated the Trump administration had “as soon as once more abused the Part 301 investigation course of to override home legislation over worldwide guidelines,” calling the probes “extraordinarily unilateral, arbitrary and discriminatory.”

Beijing stated it had formally lodged representations with Washington towards the investigations. “We urge the U.S. facet to right away right its unsuitable practices and meet China midway,” a ministry spokesperson stated, calling for dialogue and negotiated options.

The ministry stated it will monitor the progress of the investigations intently and take unspecified measures to defend China’s pursuits.

— CNBC’s Evelyn Cheng, Garrett Downs and Penny Chen contributed to this report.

Select CNBC as your most well-liked supply on Google and by no means miss a second from probably the most trusted identify in enterprise information.

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