Musk, Tim Cook Included in Trump’s China Delegation, While Nvidia’s Jensen Huang Is Left Out

[Financial News]  
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U.S. President Donald Trump has invited a large group of business leaders to join his trip to China.
The list includes top executives from major U.S. companies such as Elon Musk, CEO of Tesla; Tim Cook of Apple Inc.; Larry Fink of BlackRock; and Kelly Ortberg of The Boeing Company. However, Jensen Huang, CEO of NVIDIA Corporation, who has criticized Trump’s restrictions on semiconductor exports to China and said the U.S. has lost market share as a result, was excluded.
CNBC reported on the 11th local time, citing a White House official, that the executives will accompany the president on his trip to China.
Also on the list are Stephen Schwarzman of Blackstone Inc. and Brian Sykes of Cargill, the world’s largest private equity firm and a global grain trader, respectively.
A White House official said that Jane Fraser of Citibank, Jim Anderson of Coherent, H. Lawrence Culp Jr. of GE Aerospace, David Solomon of Goldman Sachs, Jacob Tyson of Illumina, Michael Miebach of Mastercard, Dina Powell McCormick of Meta Platforms Inc., Sanjay Mehrotra of Micron Technology, Inc., Cristiano Amon of Qualcomm, and Ryan McInerney of Visa will also join the president on his trip to China.
Cisco announced that Chuck Robbins, its CEO, had originally been invited but could not attend because of an earnings announcement schedule.
The executives are expected to travel with Trump to China and return after securing large-scale deals with Chinese counterparts.
Despite saying in a CNBC interview last week that it would be an honor to be included in the China trip delegation, Huang was left out.
In that interview, he said, "If the president decides to make an announcement, then let him make whatever announcement he wants," and added, "If I were invited, it would be a privilege and an enormous honor to represent the United States."
Huang also appeared to irk Trump by warning that "China is a very important market, and if restrictions continue, U.S. companies could permanently lose the market."
CNBC noted that General Motors (GM), Walt Disney, and Alphabet Inc. also have major business interests tied to China, but were not included in the White House list.
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dympna@fnnews.com Song Kyung-jae Reporter