Washington – President Trump and Chinese President Xi Jinping will meet in Busan, South Korea, on Thursday (Wednesday night time) as both leaders look to reach a win-win trade deal.
The meeting is set for 11 am, or 10 pm et Wednesday.
Mr. Trump’s threat imposes a surcharge of 100% In Chinese houses starting in November. 1 “successfully on the table” for now, Treasurer Scott Bessent said Sunday “Face the nation with Margaret Brennan.” Mr Trump threatened additional tariffs of 100% on Chinese imports – which would bring Chinese tariffs as high as 155% – Retaliation for China’s export controls on the world’s physical issues and magnets. China has the majority of the world’s supply of those raw materials, which are critical to the formation of key technological areas such as semiconductors and missiles.
President on Wednesday he said He hopes to leave the meeting with an agreement.
“We will, I hope, make a deal,” said Mr. Trump. “I think we’re going to have a deal. I think it’s going to be a good thing for both of them. The world is watching, and I think it’s going to be something very exciting for everybody.”
The schedule of the public house allocated less than two hours for the meeting on the XI, although Mr. Trump said at a dinner meeting hosted by South Korean President Lee Jae Mueng that three to four hours. “
Agoard Air Force One on Wednesday, Mr. Trump said he believed he would lower China’s tariffs earlier this year due to smuggling XI after his meeting with the XI, My comment on “compromise.
Bessent said that “Bhekana Naso Isizwe” expects that the threat of 100% funding “is gone, as there is a threat of the Chinese putting the Chinese government first in the world.”
Bessent also said that he expects Mr. Trump and Xi sign the agreement Thursday puts TikTok under US majority ownership, although the Chinese-owned company still has a minority stake of less than 20%.
In August, Mr. Trump signed a major measure to delay the return of high tariffs on Chinese goods for another 90 days, extending the break until mid-November.
US and Chinese officials have been holding trade talks for months leading up to Thursday’s Trump-XI meeting.
Mr. Trump’s first secretary, Mike Pompeo, said Mr. Trump should commit to Taiwan’s independence.
“XI Jinping is expected to press President Trump to be clear about the US position on Taiwan at their meeting this week,” wrote Pompeo Media. “America must slow down — and reaffirm our unwavering commitment to Taiwan’s sovereignty and independence from Beijing.”
Finally, if Mr. Trump and Xi met in person at the Group of 20 summit in Japan in 2019, although the two leaders spoke by phone. The last White House interview between the two men was on September 19.
Busan, known as the center of education and culture in Southeastern Southeastern Korea, is the second most populous city in South Korea after its capital, Seoul. The XI meeting is the last item on the last agenda in Mr. Trump’s Plan for his Asia Tour of five Asia, concluding a trip mainly aimed at strengthening economic relations and Cementract Deals in the South Pacific.
