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Trump and Xi Negotiate Trade Deal Amid Tensions

10/30/2025

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Story summary
  • Donald Trump and Xi Jinping are negotiating a potential trade deal to address the US-China trade war ahead of their first meeting since 2019.
  • The meeting occurs at the Asia Pacific Economic Cooperation summit in Seoul amid concerns over Taiwan and China's rare earth dominance.
  • Preliminary discussions indicate Beijing may delay new export controls if the US freezes chip export restrictions.
  • Both leaders seek to avoid escalating tariffs, with Trump previously threatening 100% tariffs on Chinese goods.
  • Analysts observe a shift towards recognizing the benefits of mutual coexistence between the two nations.