Summers Happy the Trump-Xi Summit Didn't 'Spiral Out of Control'

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Former Treasury Secretary Lawrence Summers is relieved that the Trump-Xi summit did not escalate into a massive confrontation, but notes that there are still many challenges ahead in the US-China relationship.

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Former Treasury Secretary Lawrence Summers says he's happy the meeting between US President Donald Trump and Chinese leader Xi Jinping didn't spiral out of control into "massive confrontation and economic conflict." But he says there are many chapters to be written about this relationship. He speaks on Bloomberg Television’s Wall Street Week with David Westin. (Source: Bloomberg)

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Original article published by Bloomberg on October 30, 2025.
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