US-China Summit: A New Dawn in Trade Relations

US President Donald Trump and Chinese President Xi Jinping are scheduled to meet in South Korea this Thursday, as part of the Asia-Pacific Economic Cooperation (APEC) summit. The meeting was confirmed by the Chinese foreign ministry and is expected to focus on key strategic bilateral issues.

Among the top discussions will be the formalization of a TikTok sale to American firms and easing restrictions on rare-earth metal exports, crucial for technology manufacturing. Xi and Trump have been aiming to stabilize China-US relations, which have been affected by trade tariffs and geopolitical tensions.

Additional topics will include fentanyl flow control into the US and enhancing American agricultural exports to China. Trump expressed optimism about achieving beneficial trade agreements during talks with business executives alongside the APEC event, deeming potential outcomes a significant advance for both nations.