US President Donald Trump, left, meets with Chinese President Xi Jinping during a meeting on the sidelines of the G-20 summit in Osaka, Japan, June 29, 2019. (AP Photo/Susan Walsh, File)
Trump-Xi trade deal live: US President Donald Trump said he expects to seal a ‘great deal’ with China at his high-stakes meeting with Chinese President Xi Jinping. In a speech on the sidelines of the Asia-Pacific Economic Cooperation (APEC) summit on Wednesday, Trump said the expected trade deal would be good for both countries and “something very exciting for everybody”.
First face-to-face meet since Trump 1.0: Trump will meet Xi on Thursday in the coastal city of Busan, about 85 kilometres south of Gyeongju, in their first face-to-face encounter since the US president’s first term and after he launched his second trade war with China. The previous meeting between Trump and Xi was in 2019 on the sidelines of the Group of 20 summit in Osaka, Japan.
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Uneasy truce: Tensions ratcheted up earlier this month after Beijing proposed dramatically expanding curbs on exports of rare-earth minerals, which are vital for high-tech applications. Trump responded by vowing to slap additional 100% tariffs on Chinese exports, and with other steps including potential curbs on exports to China made with US software.
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