"Donald Trump is scheduled to meet China's Xi Jinping in South Korea this week for high stakes talks amid a bruising trade war and tense geopolitical backdrop. Trump is expected to meet Xi on the sidelines of the Asia Pacific Economic Cooperation (Apec) summit on Thursday on the final day of his Asia visit, which includes stops in Malaysia and Japan."
"The talks aim to chart a path forward after Trump threatened new 100% tariffs on Chinese goods starting on 1 November, in response to Beijing imposing tight export controls on rare earths. On Saturday, top economic officials from the US and China met in Kuala Lumpur to prepare for the meeting and hold preliminary talks on the key issues in the escalating trade war."
"Trump told reporters traveling with him on Air Force One that he was optimistic his meeting with Xi could yield progress on a range of issues, including soya bean trade. I think we have a really good chance of making a very comprehensive deal, Trump said. Trump said he wants China to buy US soya beans. I want our farmers to be taken care of. And he [Xi] wants things also."
President Trump will meet Chinese leader Xi Jinping on the sidelines of the Apec summit in South Korea to address a range of high-stakes issues. Talks will focus on trade and tariffs after threats of 100% US tariffs in response to Chinese export controls on rare earths. US and Chinese economic officials held preparatory meetings in Kuala Lumpur to discuss key issues. Trump seeks increased Chinese purchases of US soya beans and plans to press Xi on fentanyl trafficking and cartel links. Markets are watching for potential de-escalation amid months of volatile US-China relations.
Read at www.theguardian.com
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