Trump and Xi land in Busan for highly anticipated meeting over trade and tariffs
- Chinese President Xi Jinping and U.S. President Donald Trump landed in Busan, South Korea, on October 30, 2025, ahead of a much-anticipated meeting to address trade and tariff concerns.
- This year, rising tensions between the United States and China set the stage for the meeting, with this month's escalation involving Beijing export controls and threats to ban software-powered exports.
- The agenda lists tariffs, tech curbs and rare earths for discussion, with U.S. officials outlining deals from fentanyl flow restrictions to TikTok's divestiture from ByteDance.
- Investors are cautiously watching for headlines from Busan as the trade war has kept markets on edge, while China’s purchase of U.S. soybeans Wednesday suggested a possible thaw.
- The meeting is scheduled for 11 a.m. local time, marking the first in-person encounter since Trump began his second term in January during Xi's first state visit in 11 years to attend APEC in Gyeongju from Thursday to Saturday.
120 Articles
120 Articles
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