#apec

#apec

In the run-up to the meeting, scheduled for Thursday on the sidelines of the Asia-Pacific Economic Cooperation summit (APEC), trade representatives from both countries said they had hashed out a framework agreement involving lower US tariffs on Chinese imports and China's delaying curbs on exports of rare earth minerals. After arriving in South Korea on Wednesday, Trump said he expected that a "lot of problems" will be solved during the talks.

Leaders are gathering in Gyeongju, South Korea, for the Asia-Pacific Economic Cooperation (APEC) summit, a grouping that promotes trade, investment and economic cooperation among the economies of the Asia-Pacific region. Before its main event begins on Friday, this year's summit was already dominated by a meeting on the sidelines Thursday between Donald Trump and Xi Jinping, who agreed to cool trade tensions for the time being.