The administration of U.S. President Donald Trump is focused on day-of negotiations and securing purchase agreements during his trip to China to meet with President Xi Jinping from March 31 to April 2, according to Semafor sources on March 10, while Xi's team wants terms finalized beforehand and is aiming for a broader deal with long-term investments. Separately, the U.S. envoy to an annual U.N. counter-narcotics meeting on March 9 accused China of not holding up its October 2025 pledges to help curb exports of chemical precursors for fentanyl to the United States.

U.S. Treasury Department officials have yet to decide whether to send a business delegation to Beijing. No invitations have yet been sent to U.S. CEOs, according to Semafor.

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