By Megan Cerullo Reporter, MoneyWatch Megan Cerullo is a New York-based reporter for CBS MoneyWatch covering small business, workplace, health care, consumer spending and personal finance topics. She regularly appears on CBS News 24/7 to discuss her reporting. Read Full Bio Updated on: May 13, 2026 / 12:29 PM EDT / CBS News Add CBS News on Google President Trump arrived in China alongside a delegation of billionaire U.S. executives, including Tesla CEO Elon Musk and Nvidia CEO Jensen Huang, underscoring the high stakes for American companies as Washington and Beijing negotiate over trade, artificial intelligence and the Iran war . The executives — whose combined net worth approaches $1 trillion — lead companies with major business interests in China, despite years of trade disputes between the world's two largest economies. Musk, whose fortune stands at about $688 billion, is the world's wealthiest person, according to the Bloomberg Billionaires Index.…