Trump-Xi Meeting: Rare Earths Deal & Tariff Cut Agreed
Here’s a breakdown of the key data from the provided text:
* Meeting of Leaders: Donald Trump and Xi Jinping met at the APEC summit in Busan, South korea.
* Trump’s Comments: Trump predicted a “very successful meeting” but acknowledged Xi as a “tough negotiator.” He playfully patted Xi on the back after this comment.
* Xi’s Comments: Xi emphasized the need for the US and China to “stay on the right course” and be “partners and friends.” He stressed the importance of the two countries working together to address global challenges.
* Relationship Dynamics: Both leaders acknowledged that disagreements and “frictions” are normal given the size of their economies.
* Progress on Trade: Xi stated that their economic and trade teams had reached a “basic consensus” and made “encouraging progress” in addressing key concerns.
* History of Interaction: This was their first in-person summit since 2019, but they had maintained communication through phone calls and letters.
