Donald Trump said he raised granting Visa Inc. broader access to Chinese consumers and businesses during his meeting with Xi Jinping. In a Fox News interview, he said Visa CEO Ryan McInerney was present and urged expanded market access for US firms. The issue reflects long-running competition with China UnionPay Co. following China’s 2015 opening of foreign card-clearing services.

2026-05-15

Donald Trump said he raised granting Visa Inc. broader access to Chinese consumers and businesses during his meeting with Xi Jinping. In a Fox News interview, he said Visa CEO Ryan McInerney was present and urged expanded market access for US firms. The issue reflects long-running competition with China UnionPay Co. following China’s 2015 opening of foreign card-clearing services.