May 13th, 2026

'A Trip of Transactions:' Gary Locke on US-China Summit

Gary Locke, former US Ambassador to China & US Commerce Secretary under the Obama administration, says President Trump's trip to China will be "a trip of transactions." He explains why Trump will want to make transactions with China, and what deals China will want from the US. Locke also discusses the significance of Nvidia's CEO, Jensen Huang, joining the President on this trip and the likelihood of China getting involved with US, Iran talks. Gary Locke speaks with Kailey Leinz on the late edition of Bloomberg's "Balance of Power."