Embarking on a tour across Asian nations, U.S. President Donald Trump has visited Malaysia and traveled to South Korea via Japan. His visit includes a significant meeting with China's President, Xi Jinping.
The meeting between Trump and Xi is scheduled to take place in Busan, South Korea. As reported by China's Ministry of Foreign Affairs, the two leaders will engage in discussions surrounding strategic and long-term bilateral issues. This meeting will occur on the sidelines of the Asia-Pacific Economic Cooperation (APEC) Summit.
China and the United States have both agreed that President Xi will meet Trump in Busan, addressing mutual interests through a bilateral dialogue. A spokesperson from China’s Ministry of Foreign Affairs, Gou Jiakun, mentioned their collaboration with the U.S. to revitalize bilateral relations to ensure a fruitful meeting.
Diplomacy plays a crucial role in China-U.S. relations, especially as current ties remain strained due to substantial trade tariffs imposed by Trump and Beijing’s countermeasures. This summit aims for an in-depth discussion on strategic and long-term issues concerning China-U.S. relations and critical subjects of mutual concern.
On October 30, Trump and Xi Jinping will convene in Busan, South Korea. This pivotal meeting aims to address the ongoing trade war, reduce tariffs, and establish mutually beneficial agreements. Key discussions will focus on restarting America's import of rare earth metals from China, formalizing the sale of TikTok to U.S. companies, halting fentanyl trafficking, as well as boosting soybean and agricultural exports, along with deliberations on AI chip advancements from companies like NVIDIA.
In addition, China seeks the removal of U.S. restrictions on semiconductor chips. Moreover, comprehensive dialogue on geopolitical issues such as Taiwan's security, China’s role in the Russia-Ukraine conflict (including reducing Russian oil purchases), encouraging Russia towards peace negotiations, intellectual property theft, and industrial subsidies will be on the agenda. This vast array of topics aims to foster global stability and secure trillion-dollar deals.
This meeting marks Trump’s first encounter since taking office a second time, set against the backdrop of an intense trade war between the world’s two largest economies. Among the foremost agenda items is formalizing the sale of China’s prominent social media app TikTok to U.S. companies and resuming the export of rare metals halted by Beijing. In return, China anticipates that Washington will lift its ban on exporting crucial semiconductor chips necessary for developing and expanding AI technology within the country.
