President Trump is set to arrive in Beijing sometime this week for a high-stakes meeting with Chinese President Xi Jinping. He didn’t go alone; he brought famous business leaders like Elon Musk and Tim Cook. This meeting is a big deal as these two countries are the biggest in the world and are trying to solve serious problems regarding trade and global safety.

One of the biggest goals of the trip is to fix issues that affect our wallets. The leaders are discussing “tariffs,” which are taxes on goods brought in from other countries. If they can’t reach a deal, the price of items we use every day, like iPhones, video games, and clothes, could go up. The world leaders are also talking about the rising cost of gas, which has become very expensive due to conflicts in the Middle East.

Even though this meeting is happening thousands of miles away, the outcome matters to everyone at home. A successful summit could mean lower prices for electronics and more stability in the world. For now, everyone is watching closely to see if these leaders can find a way to work together or if tensions will continue to grow.