Trump-Xi meeting in Busan: Key takeaways from the summit
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Trump-Xi meeting in Busan: Key takeaways from the summit
"I thought it was an amazing meeting, Trump told reporters. Here are some of the key takeaways: The short duration of Trump and Xi's talks about one hour and 40 minutes took some observers by surprise. Shan Guo, a partner at the Shanghai-based consultancy Hutong Research, said the shorter-than-expected meeting likely suggests both sides limited discussions to topics that had already been settled in advance."
"Although no official timetable was released, Trump had earlier suggested the talks could last up to four hours. But Trump said the result overall was amazing, adding that the meeting was a 12 with 10 being best. Instead, the two countries have agreed to a truce in their trade war, which has been raging on and off for the past year."
US President Donald Trump and Chinese President Xi Jinping met in Busan, South Korea for their first face-to-face encounter since 2019. The meeting lasted about one hour and 40 minutes and produced a one-year trade truce to be renegotiated after that period. The agreement includes eased US tariffs, Beijing restarting imports of US soybeans, a delay on export restrictions for five rare earth metals, and intensified efforts to curb illegal fentanyl trafficking. Restrictions on seven other rare earth metals announced earlier will remain. Observers said the short meeting suggested pre-set topics and described the deal as a partial freeze or minor rollback in the trade war.
Read at www.aljazeera.com
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