{"id":42145,"date":"2026-03-16T01:43:41","date_gmt":"2026-03-16T01:43:41","guid":{"rendered":"https:\/\/financialrush.com\/?p=42145"},"modified":"2026-03-16T01:43:41","modified_gmt":"2026-03-16T01:43:41","slug":"trump-signals-possible-delay-to-beijing-summit-as-u-s-pressures-china-to-help-reopen-strait-of-hormuz","status":"publish","type":"post","link":"https:\/\/financialrush.com\/?p=42145","title":{"rendered":"Trump signals possible delay to Beijing summit as U.S. pressures China to help reopen Strait of Hormuz"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"RegularArticle-ArticleBody-5\" data-module=\"ArticleBody\" data-test=\"articleBody-2\" data-analytics=\"RegularArticle-articleBody-5-2\"><span class=\"HighlightShare-hidden\" style=\"top:0;left:0\"\/><\/p>\n<div class=\"InlineImage-imageEmbed\" id=\"ArticleBody-InlineImage-108219348\" data-test=\"InlineImage\">\n<div class=\"InlineImage-wrapper\">\n<div>\n<p>U.S. President Donald Trump prepares to greet Chinese President Xi Jinping ahead of a bilateral meeting at Gimhae Air Base on October 30, 2025 in Busan, South Korea. <\/p>\n<p>Andrew Harnik | Getty Images<\/p>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"group\">\n<p>U.S. President <a href=\"https:\/\/www.cnbc.com\/donald-trump\/\">Donald Trump<\/a> said his planned trip to China later this month could be delayed as Washington sought to pressure Beijing to help reopen the Strait of Hormuz, underscoring a renewed flashpoint in an already fragile bilateral relationship.<\/p>\n<p>In an <a href=\"https:\/\/www.ft.com\/content\/1ca6d121-760b-4ec5-b6ad-514fdaa94873?shareType=nongift\" target=\"_blank\">interview<\/a> with the Financial Times on Sunday, Trump said he expected China to help unblock the strait before he travels to Beijing for a summit with Chinese leader <a href=\"https:\/\/www.cnbc.com\/xi-jinping\/\">Xi Jinping<\/a>, which had been <a href=\"https:\/\/www.cnbc.com\/2026\/03\/12\/section-301-trade-probe-china-trump-xi-beijing-summit.html\">scheduled for March 31 to April 2<\/a>.<\/p>\n<p>Trump added that the two weeks to the meeting were a &#8220;long time&#8221; and that Washington wanted clarity before then. &#8220;We may delay,&#8221; Trump told the FT, without elaborating on timing. <\/p>\n<p>The remarks came as Treasury Secretary Scott Bessent met his Chinese counterpart He Lifeng <a href=\"https:\/\/www.cnbc.com\/2026\/03\/15\/trump-xi-trade-talks.html\">in Paris<\/a> for talks about the planned summit. Beijing has yet to confirm the dates and typically announces such plans closer to their scheduled start. <\/p>\n<p>The visit would be the first for a U.S. president since Trump&#8217;s last trip during his first term in 2017. It also comes five months after the two leaders <a href=\"https:\/\/www.cnbc.com\/2025\/10\/30\/trump-and-xi-land-busan-meeting-trade-and-tariffs-.html\">met<\/a> in the South Korean city of Busan, where they agreed to a one-year truce in a trade war that had seen tit-for-tat tariffs briefly soar to triple-digit levels last year.  <\/p>\n<p>Chinese top diplomat Wang Yi said earlier this month that the agenda for the exchange was already &#8220;on the table.&#8221;  <\/p>\n<p>Trump <a href=\"https:\/\/www.youtube.com\/live\/1PgJyVUGTVM?si=QPtIRoHruiLpMBDh&amp;t=233\" target=\"_blank\">said Sunday<\/a> aboard Air Force One that China sourced about 90% of its oil through the strait, framing Beijing&#8217;s cooperation on Hormuz as a matter of self-interest. The president has appealed to several European and Asian countries, including China, to help open up the chokepoint through which roughly one-fifth of the world&#8217;s daily oil supply passes.  <\/p>\n<p>However, the numbers suggest Beijing may be more insulated from the closure than Trump&#8217;s comments implied.<\/p>\n<p>China has spent the past two years diversifying its <a href=\"https:\/\/www.cnbc.com\/2026\/03\/09\/china-oil-shock-iran-war-hormuz-energy-transition.html\">energy sources<\/a> and building its strategic reserves, cushioning the blow of any prolonged disruption. <\/p>\n<p>Seaborne oil imports through the strait now account for less than half of China&#8217;s total oil shipments, according to Rush Doshi, director of the China Strategy Initiative at the Council on Foreign Relations. Nomura also estimated that oil flows through Hormuz represent just 6.6% of China&#8217;s total energy consumption. <\/p>\n<p>Satellite imagery tracked by maritime research firms showed that Iran has <a href=\"https:\/\/www.cnbc.com\/2026\/03\/11\/iran-ships-oil-china-strait-hormuz-closure-.html\">continued to ship<\/a> large amounts of crude oil to China since the war broke out late last month. <\/p>\n<p>Both sides appeared to increase pressure ahead of the high-stakes summit in Beijing. The U.S. launched trade investigations into a broad swath of countries over alleged excess capacity and failures to address forced labour. <\/p>\n<p>In a statement Monday, China&#8217;s commerce ministry said the Trump administration had &#8220;once again abused the Section 301 investigation process to override domestic law over international rules,&#8221; calling the probes &#8220;extremely unilateral, arbitrary and discriminatory.&#8221; <\/p>\n<p>Beijing said it had formally lodged representations with Washington against the investigations. &#8220;We urge the U.S. side to immediately correct its wrong practices and meet China halfway,&#8221; a ministry spokesperson said, calling for dialogue and negotiated solutions.<\/p>\n<p>The ministry said it would monitor the progress of the investigations closely and take unspecified measures to defend China&#8217;s interests.<\/p>\n<p><em>\u2014 CNBC&#8217;s Evelyn Cheng contributed to this report.<\/em> <\/p>\n<\/div>\n<div class=\"ArticleBody-googlePreferredSourceContainer\" data-module=\"GooglePreferredSource\" data-id=\"RegularArticle-GooglePreferredSource-5\"><a href=\"https:\/\/www.google.com\/preferences\/source?q=https:\/\/www.cnbc.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.<\/a><\/div>\n<\/div>\n\n<br \/><a href=\"https:\/\/www.cnbc.com\/2026\/03\/16\/trump-possible-delay-beijing-summit-china-iran-strait-of-hormuz-.html\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"U.S. President Donald Trump prepares to greet Chinese President Xi Jinping ahead of a bilateral meeting at Gimhae&hellip;\n","protected":false},"author":4,"featured_media":42146,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[],"class_list":["post-42145","post","type-post","status-publish","format-standard","has-post-thumbnail","category-markets","cs-entry","cs-video-wrap"],"_links":{"self":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts\/42145","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=42145"}],"version-history":[{"count":0,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts\/42145\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/media\/42146"}],"wp:attachment":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=42145"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=42145"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=42145"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}