The summit between Trump and Xi presents a classic case of diplomatic theater—warm gestures and grand claims with little concrete follow-through. The lack of confirmed deals, despite Trump’s assertions, underscores the persistent tensions in US-China relations, particularly in trade and technology. The presence of CEOs like Musk and Huang signals the high stakes in AI, semiconductors, and electric vehicles, sectors where both nations are vying for dominance. Xi’s warning on Taiwan reveals the re...