US President Donald Trump arrived in Beijing on Wednesday evening, accompanied by American billionaire Elon Musk as part of a large delegation to hold talks with his Chinese counterpart Xi Jinping regarding the war with Iran, trade, and US arms sales to Taiwan. When Trump's plane landed, the Chinese side presented a display with flags and chants, performed by a number of Chinese girls, on the sides of the walkway to the car that transported the president. With this visit, US-Chinese relations return to the forefront of the international scene as it is the first visit by an American president to Beijing since November 2017, in a step that carries dimensions that go beyond diplomatic protocol to an attempt to reset the relationship between the two largest economies in the world amid escalating trade, technological and geopolitical tensions. Economic and trade files top the agenda of the upcoming summit between President Trump and his Chinese counterpart Xi Jinping, with an expected focus on trade relations in addition to US restrictions on Chinese technology, especially in the fields of electronic chips and artificial intelligence, as well as the rare metals file, which has become a strategic pressure card in Beijing’s hands. The stakes of the visit extend beyond the economy, in light of complex political and security files that include Taiwan, tensions in the Middle East, navigation security in the Strait of Hormuz, and the technological cold war between the two powers, while the world awaits whether the summit will succeed in producing understandings that will ease the intensity of the conflict between Washington and Beijing, or whether it will establish a new phase of open strategic competition.