About this transcript: This is a full AI-generated transcript of Trump: Xi Jinping offers to end war with Iran from LiveNOW from FOX, published May 17, 2026. The transcript contains 2,464 words with timestamps and was generated using Whisper AI.
"left yesterday. He is now back in Washington, D.C. According to President Trump, Chinese President Xi Jinping has said he will not provide military equipment to Iran, which has been a central focus of these high-stakes meetings, marking this possible win for the Trump administration. Now, President"
[0:00] left yesterday. He is now back in Washington, D.C. According to President Trump, Chinese
[0:05] President Xi Jinping has said he will not provide military equipment to Iran, which has been a
[0:10] central focus of these high-stakes meetings, marking this possible win for the Trump
[0:15] administration. Now, President Trump said he and President Xi largely agreed Iran must not have a
[0:21] nuclear weapon and that the Strait of Hormuz should be reopened, while adding that the U.S.
[0:26] does not need any favors. Now, U.S. officials have increasingly accused China of helping prop up
[0:31] Iran's military and economic strength through oil purchases, dual-use exports, and intermediary
[0:37] networks. President Trump added that Xi also offered to help end this conflict. Here's a
[0:42] brief soundbite from a conversation the president had with Sean Hannity on this topic earlier this
[0:47] week. Take a listen. The issue, and you've been asked about it, and you've spoken about it, and that
[0:54] is China's support of Iran. How big a discussion was that today? We discussed it. I mean, when you
[1:03] say support, they're not fighting a war with us or anything. No. He said he's not going to give
[1:09] military equipment. That's a big statement. He said that today. That's a big statement. He said that
[1:14] strongly. But at the same time, he said, you know, they buy a lot of their oil there, and they'd like to
[1:18] keep doing that. He'd like to see Hormuz's Strait opened. I said, well, we didn't stop it. They did it,
[1:24] then we stopped them. You know, sort of interesting. He joked. He said, you know,
[1:28] sort of if they stopped it, then you stopped them. But they'd like to see it opened. But they
[1:34] actually closed it. He didn't like the fact that they're charging tolls. I don't know if they are
[1:39] or not. I don't know who would pay them. I mean, where do they put the money? The country's
[1:43] decimated. You know, they're charging tolls. Where's the money going? President Xi would like to.
[1:50] All right. And joining us now is Rick De La Torre. He is a friend of the show,
[1:56] a familiar face and a former CIA officer. Thank you so much for joining us this morning. We
[2:00] appreciate it. Thanks for having me. I want to start with that soundbite from President Trump
[2:05] and also what I shared before I brought you in here. Trump saying Xi told him China will not
[2:09] provide military equipment to Iran. How much of a win is this for the United States? What is the
[2:14] significance? Well, it's exactly what Trump loves to do. You know, Trump is trying to force China
[2:21] to make a choice it would rather avoid. And China has real leverage over Iran. They buy Iranian oil.
[2:29] They provide diplomatic cover. They give Tehran that economic oxygen when sanctions really start
[2:35] to bite. So when President Trump sits down with Xi and puts Iran, the Strait of Hormuz and the
[2:41] nuclear issue on the table, he's speaking to one of the few leaders who can actually make
[2:45] Tehran listen. And that does not mean Xi suddenly becomes our partner. China will act in China's
[2:52] interest. But right now, China's interest is not a prolonged war, not an energy shock, and certainly
[2:58] not a closed Strait of Hormuz. Beijing needs that waterway open. It needs oil moving. It needs markets
[3:06] calm. That gives President Trump real leverage. And the Iranian regime has always counted on
[3:12] international division. They pressure the West. They threaten shipping. They raise the oil prices
[3:18] and then wait for everyone else to panic. The administration is trying to flip that pressure
[3:23] back onto Tehran by making clear that Iran's behavior is no longer just a U.S. problem. It is now
[3:29] a Chinese problem, an energy problem, a shipping problem, and a global commerce problem. If China
[3:35] wants stability, it cannot keep giving Iran room to destabilize the region.
[3:39] This post here from Fox News sharing that President Trump now back in the United States
[3:45] going on at the end there to say Trump has said that he and Chinese President Xi Jinping
[3:48] largely agreed Iran must not have a nuclear weapon, that the Strait of Hormuz should be reopened,
[3:54] as you just spoke to Rick. But of note here, the Trump administration has described China as the
[3:59] key enabler of Iran. Can you break that down for us? What has the Trump administration said,
[4:04] and why have they said it? Well, I mean, they are an enabler of Iran because of just the ties that
[4:12] they have. And from the Chinese perspective, China would love nothing more than to the United States
[4:17] to be bogged down in Middle East conflicts for the rest of our lives because it takes up our resources,
[4:24] it takes up our time, it refocuses us in a region of the world that allows then China to continue to
[4:34] grow in Southeast Asia and up until recently very much in our own hemisphere here in Latin America.
[4:40] So from their perspective, you know, the Chinese would love nothing more than for us to just be
[4:47] always in conflict with the regional powers within the Middle East because that allows them
[4:54] the opportunity to grow and to spread. And how much pressure has the Trump administration been
[5:00] putting on China over its relationship with Iran? Obviously, Iran was one of those key talking
[5:05] points during this trip to China with President Xi. But if we go back even before this trip,
[5:11] how much pressure really had President Trump been putting on China over this topic?
[5:16] Yeah, look, no one should confuse Chinese self-interest with friendship, right? Xi is not
[5:21] doing favors for the United States. He's very calculating. And, you know, that's tension that
[5:30] is where, you know, that's the kind of tension that Trump can certainly expand on and grow on.
[5:40] The administration's message, that pressure, seems to be if you want to be treated like a
[5:46] responsible global power, right, then stop acting like Iran's, you know, silent banker and diplomatic
[5:53] bodyguard, right? And that's the kind of right pressure point. If China wants to, you know,
[6:00] claim to be, you know, this superpower that can match the United States, that, you know, that could
[6:09] be, that could lead responsibly, then it's got to really make a choice and turn its back on, you know,
[6:15] the world's largest supplier of terrorism around the world.
[6:21] And, Rick, we also heard from President Trump on Air Force One just yesterday. Here's some video
[6:26] of that. He was speaking to reporters heading back from this trip. He called this a possible win for
[6:32] his administration. President Xi also saying this was a very productive trip. What would the
[6:37] administration really need to see next, though, to consider this truly a breakthrough?
[6:42] Well, we need to see China actually put into actions what its words are. And not only that,
[6:50] but also make sure that those actions remain in place. I think this will go down as a historic,
[6:57] you know, summit between two world leaders. And, you know, what's interesting is President Trump,
[7:05] I think, has had the most amount of meetings of any Western leader with President Xi. So that gives him
[7:11] some significant insight that, you know, they know each other, that they're not starting from zero.
[7:16] But that also means that President Xi recognizes that there's something that he has to give
[7:24] back to the United States if he wants this relationship to continue to grow. So we should
[7:30] see some concessions coming out of China. We should see the Chinese market open up a little bit more
[7:35] more to American goods and services. And we should see China hopefully becoming a little bit more
[7:41] responsible on the global theater. The good news is, right, we've got a second summit now set up for
[7:47] September 24th here in Washington. So, you know, that means that the conversation continues.
[7:55] And hopefully we'll see some tensions start to dissolve between the United States and China.
[8:01] But ultimately, China is always going to work in what's best in China's self-interest.
[8:07] What we need to do is make sure that we ally with China on those things that we can rely on and that
[8:12] we can work together on and build from there. And since you mentioned that summit, Rick, I did want
[8:19] to ask you, you know, do we know what is going to be discussed there? What can we realistically expect
[8:23] that is still several months away? Oh, you know, every few months with in this administration,
[8:30] there's always something new. So who knows what it could be. But the groundwork is there, right,
[8:36] working together. You know, the last three or four months, who would have believed that we'd be
[8:41] talking about, you know, no more dictatorship in Venezuela, narcos from Mexico, no longer with us.
[8:49] You know, in Iran, the entire leadership of Iranian dictators and imans is just completely gone.
[8:59] So who knows what's going to happen between now and September.
[9:04] Now, I also wanted to touch on this. This banner at the bottom of our screen says,
[9:07] President Trump says President Xi offered to help end the Iran conflict. What role could China
[9:12] realistically play in that? Yeah, you know, that's that is exactly the point that we were trying to
[9:24] discuss earlier, right? The question that you had asked me. It's great to say that, you know,
[9:28] we want to help end the war in Iran. Well, OK, what does that mean? You know, and that's where
[9:34] you really have to put actions to words. What that would mean is they need to basically tell Iran
[9:40] to to stand down. If not, you know, all those Chinese purchases of Iranian oil are going to go
[9:46] elsewhere. And they need to make sure to tell Iran to open up the Strait of Hormuz. Iran will listen
[9:52] to China because, you know, so much of their economy depends on Chinese buyers. So if China allies
[10:01] itself with the United States on this and drops its policy of encouraging and wanting the United States
[10:09] to be bogged down in Middle Eastern conflict, that's a huge win. That's a big reset button in
[10:15] the region. Now, going off of that, you know, China's role, what they would play in all of this
[10:20] at times like this, how closely do intelligence officials watch these relationships like the one
[10:27] between China and Iran during times of conflict like what we're seeing there right now?
[10:31] We watch this stuff like a hawk. And we want to make sure that we understand exactly what's going
[10:39] on and, you know, see if there's any difference between what China or Iran says and what they
[10:49] actually do. If we continue to seek cooperation between China and Iran, where it's been noted that
[10:56] they provide the Iranian regime with satellite imagery, with communication support. If we start
[11:04] to see those things shift, right, that gets turned off. That's a great signal. And then openly,
[11:11] if we start to see the Chinese ministries start to criticize or start to encourage the Iranian regime
[11:19] to, you know, to come to the table, to give up its nuclear weapons, to open up the straight
[11:26] other moves and to fall in line with other, you know, with other countries, then again, that's a huge
[11:32] win for us in the West. So let's see. Let's see if China will do it. I suspect it, I suspect it will in
[11:39] some way, you know, may not be a home run, but they'll certainly move closer to the West because they
[11:44] recognize that that really Tehran's days are very, very limited, that they're not adding any
[11:49] value to anything. They don't, um, they're, they're not a reliable long-term partner. Keep in mind
[11:55] when, when, uh, what's great about the timing of the summit, and that's why I said so many things
[12:00] happen in, uh, in, in just such a short period of time with this administration. Uh, on January 3rd,
[12:04] when we removed Maduro overnight, the United States became the world's largest supplier of oil
[12:09] that shifts the global discussions, right? That means that any discussions we have with
[12:14] Chairman Xi or with, uh, Vladimir Putin, um, that's a very different thing when we control
[12:19] the levers of oil and we can lower the price of oil down to 20 bar, uh, $20 a barrel if we had to.
[12:24] On top of that, then, uh, you know, uh, the, the conflict in, in Tehran, uh, took out another
[12:30] 10% of, of, of, of the oil supply that, that, that, uh, China relies on for its economy. So,
[12:36] all, you know, when all said and done, the United States in just a few months has removed 20%
[12:41] of all the oil that China needs to keep its economy going. That's, you know, that, that's
[12:47] serious. That, that's the difference between, uh, China expanding and growing or China, uh, you know,
[12:53] getting smaller and shrinking as a world power. And they recognize that, uh, the economy is a mess
[12:58] over there. Uh, their economy, uh, is contracting. Um, they, they, they don't have the, the, the,
[13:05] you know, even their own birth rates aren't catching, uh, aren't, aren't keeping up, uh,
[13:10] with the population of Beijing. So you're looking at real, uh, hard problems that are now embedded
[13:17] in China. And if they don't have the fuel that they need to grow their economy, that's just going
[13:22] to exacerbate the problem. So that's the kind of leverage that the administration brings to the
[13:26] table. And he's, and Trump is quiet about it, right? You know, I know a lot of reporters tried to
[13:30] get them to criticize Chi, uh, to, you know, one word, is Chi a dictator? And they wanted Trump to
[13:35] answer those kinds of questions. He doesn't do that. If you, if you pay attention, right? You
[13:39] know, he treats them for what it is. Uh, he's very pragmatic about it. He's very respectful,
[13:44] you know, uh, speak softly when, when it comes in conversations with them, at least, at least
[13:49] publicly, right? Uh, to allow the Chinese leadership to save face, but they know exactly what the realities
[13:55] are. And they're going to have to make that choice if they're going to deal with Iran or if they're
[13:58] going to deal with the United States in the future. And I'm pretty confident they're
[14:01] going to, they're going to make the right choice. All right. As you said, a lot to watch here.
[14:05] Rick De La Torre, former CIA operations officer. Appreciate you as always for coming on live
[14:09] now. Thanks for having me.