Trump and Xi set to hold 2nd round of talks ahead of high-stakes summit's conclusion

President Donald Trump and Chinese President Xi Jinping are set to hold a second round of talks on the final day of a high-stakes summit in Beijing before Trump returns to the U.S.

The meetings come amid some tension on the issue of Taiwan -- an issue about which Xi issued a stark warning to the U.S. during the leaders' first sit-down -- and questions about the role of China in ending the war with Iran.

Trump is seeking to bolster international support amid a push to reopen the Strait of Hormuz as the U.S. war with Iran stretches on. China is Iran's principal oil consumer.

"President Xi would like to see a deal made," Trump told Fox News in an interview during the China visit. "He would like to see a deal made. And he did offer, he said, if I can be of any help at all I would like to be of help."

Trump and Xi are set to sit down for the second bilateral meeting after a "friendship photo" Friday morning in Beijing. Trump and Xi also attended a state banquet earlier during the visit.

On the first day of the summit, the U.S. president was greeted with pomp and pageantry upon his arrival in Beijing and again before his bilateral meeting with Xi at the Great Hall of the People that lasted for more than two hours.

Regarding the issue of Taiwan, Xi said that if the issue of Taiwan is handled "improperly," the two nations could "come into conflict," according to China's official state broadcaster Xinhua. However, Xi did say that if the issue is handled "properly," "bilateral relations can remain generally stable."

Tech and trade have also been key themes during the talks.

Trump said before the trip that he planned to ask Xi to "open up" the Chinese economy. CEOs Elon Musk of Tesla and SpaceX, Tim Cook of Apple and Jensen Huang of NVIDIA, among others, traveled with the president to Beijing.

Trump said the business leaders joined him to "pay respects" to Xi.

"We asked the top 30 in the world. Every single one of them said 'yes,' and I didn't want the second or the third in the company. I wanted only the top. And they're here today to pay respects to you and to China, and they look forward to trade and doing business, and it's going to be totally reciprocal on our behalf," Trump said.

The White House said one of Trump's goals going into the summit with Xi is to secure purchasing agreements with China in the aerospace, agriculture and energy sectors and the CEOs traveled with the president to help push for that.

Before their meeting at the Great Hall of the People on Thursday, Trump called Xi a "great leader" and touted their relationship.

"Such respect for China, the job you've done. You're a great leader. I say it to everybody. You're a great leader," Trump said. "Sometimes people don't like me saying it, but I say it anyway, because it's true. I always say the truth."

"We've had a fantastic relationship. We've gotten along," Trump said. "When there were difficulties, we worked it out. I would call you, and you would call me, and whenever we had a problem -- people don't know -- whenever we had a problem, we worked it out very quickly, and we're going to have a fantastic future together."

Xi told Trump that China and the U.S. "both stand to gain from cooperation and lose from confrontation."

"We should be partners, not rivals," he continued." We should help each other succeed and prosper together and find the right way for major countries to get along well with each other in the new era."

ABC News' Fritz Farrow, Mariam Khan, Michelle Stoddart and Kevin Shalvey contributed to this report.