Trump-Xi Summit Small on Substance, Big on Pomp

US President Donald Trump’s fete for his Chinese counterpart President Xi Jinping has been heavy on pageantry and platitudes but light on substantive announcements. The most significant news tied to the gathering materialized before it even began, as Treasury Secretary Scott Bessent said the two sides had extended a trade truce for another two months. Anticipated agreements on tariff cuts and a new line of communication on artificial intelligence have yet to surface. Bloomberg's Rebecca Choong Wilkins reports.