"Trump is scheduled to 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 launched his second trade war with China. Trump, who is on the final leg of a six-day visit to Asia, last met Xi in 2019 on the sidelines of the Group of 20 summit in Osaka, Japan."
"But speaking on Air Force One earlier on Wednesday, Trump said he expected the agreement to solve a lot of problems and include lower tariffs on Chinese goods in exchange for Beijing taking steps to curb the production of fentanyl. Trump has imposed a 20 percent tariff on Chinese goods over what he claims is Beijing's failure to crack down on the flow of chemicals used in making the deadly opioid."
United States President Donald Trump plans to meet Chinese President Xi Jinping in Busan, their first face-to-face encounter since 2019. Trump said he expects a significant trade deal that would benefit both countries and reduce conflict. The anticipated agreement may include lower tariffs on Chinese goods in exchange for Beijing curbing production of fentanyl and stepping up controls on precursor chemicals. US officials indicated the deal could involve deferral of China’s planned rare-earth export controls and commitments by China to buy more US agricultural products. Trump previously imposed a 20 percent tariff on Chinese goods over fentanyl-related concerns.
Read at www.aljazeera.com
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