Trump announced a cut on Chinese imports after meeting with Xi in South Korea, citing new understandings on fentanyl enforcement, farm trade and rare-earth exports.

U.S. President Donald Trump is meeting with Chinese President Xi Jinping in South Korea on Wednesday (Thursday morning local time).

The U.S. will share closely held technology to allow South Korea to build a nuclear-powered submarine, President Donald Trump said ahead of a meeting with China’s leader Xi Jinping.

President Donald Trump said he had an “amazing” meeting with Chinese President Xi Jinping, where “a lot of decisions were made” on fentanyl, rare earth minerals and more.

But on Thursday, Mr Trump and Chinese President Xi Jinping reached an agreement. It amounts to China buying 12 million metric tons of soybeans this year, and at least 25 million metric tons over each of the next three years. That would ultimately return purchasing volume to the levels seen prior to the trade war.

Leaders of Pacific countries and territories, including China’s Xi Jinping, are gathering in South Korea for a major summit Friday. But the leader of one global powerhouse is conspicuously absent: Donald Trump.

U.S. Treasury Secretary Scott Bessent admitted Thursday that President Donald Trump’s supposedly triumphant talks about a rare earths deal with China were far from finished. Speaking on Fox News, Bessent touted Trump’s recent efforts in getting China to agree to pause export controls on its rare earth minerals supply for one year.

The United States showcased two advanced missiles, considered capable of countering China's evolving military threat, during President Donald Trump's visit to a Japan-homeported aircraft carrier, a key U.S. frontline unit in the western Pacific.