Victor Davis Hanson says Trump holds all the cards in China negotiations, citing U.S. energy dominance, AI growth and China's declining birth rate.

President Trump's trip to China could bolster economic relations, but failed to deliver a breakthrough deal, some trade and energy experts said.

By Eduardo Baptista BEIJING, May 16 (Reuters) - China's commerce ministry on Saturday described as "preliminary" the tariff, agricultural and aircraft deals agreed during this week's visit by U.S. President Donald Trump.

President Donald Trump said Chinese President Xi Jinping told him "I would like to be of help" when it comes to bringing an end to the war with Iran. Trump also said Xi wants the Strait of Hormuz reopened as China continues relying heavily on oil shipments moving through the region.

China and the United States already have strained trade relations, and the countries could grapple with further disruptions.

Panelists joined to discuss what the summit in Beijing may mean for the U.S. and China.

China and the U.S., the world's two largest economies, wield great influence over the oil market and are using it to help plug the supply gap.

Asked if he would approve a $14 billion arms package to Taiwan that has been held up for months, Trump said that’s up to China.