Bloomberg Television · Trump Lands in China for Xi Summit | Balance of Power: Early Edition 5/13/2026

1. 1. President Trump arrived in Beijing with a large American business entourage for meetings.
2. 2. Producer Price Index rose 6% from a year ago, reinforcing U.S. inflation concerns.
3. 3. The U.S.-China summit aims for stability, not substantial new trade progress.
4. 4. The United States is in a weak position to win the trade war.
5. 5. President Trump's indifference to American financial struggles draws sharp Democratic criticism.