Trump Urges Xi to Allow Visa Access to China Payments Market

May 15, 2026, 2:26 AM UTC

US President Donald Trump said he raised the issue of granting Visa Inc. wider access to offer payments services to Chinese consumers and businesses during a meeting with Xi Jinping on Thursday in Beijing.

“I said, ‘What about letting Visa?’” Trump said in an interview with Fox News. “We had the head of Visa there today, by the way. Visa is a big deal. I said, what about using Visa in China? For some reason, they were blackballed, and maybe that’ll come off.”

Visa CEO Ryan McInerney was among a group of approximately 30 US corporate executives that joined ...

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