Trump rejects calls for AI guardrails ahead of Xi meeting

US equity futures are climbing as oil prices slide and officials express optimism regarding the upcoming summit between US President Donald Trump and China's Xi Jinping. While markets react positively to the diplomatic signals, Trump has rejected calls for AI guardrails prior to the meeting. This stance against AI regulation could potentially complicate tech negotiations between the US and China, impacting global safety efforts and industry dynamics during the high-stakes diplomatic encounter this week.