The meeting, set for 10:30 a.m. ET, serves as a critical precursor to the upcoming summit between President Donald Trump and President Xi Jinping at the White House. While JPMorgan Chase is providing the venue, the bank remains uninvolved in the diplomatic negotiations themselves. The choice of location reflects the logistical constraints of a city preparing for a massive influx of international delegates.

This diplomatic engagement follows Treasury Secretary Bessent’s recent outreach to the private sector, notably his invitation to JPMorgan CEO Jamie Dimon for a G20 finance leaders forum in Asheville. While Dimon is slated to attend the state dinner for President Xi next week, his absence from the executive delegation that traveled to Beijing in May highlights the evolving nature of corporate involvement in US-China relations.