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Xi and Trump Meet
- Xi Jinping, President of the People's Republic of China, and U.S. President Donald Trump met in South Korea, signaling a shift in global power dynamics.
- They claimed modest successes, including addressing the fentanyl issue and delaying Chinese export restrictions on rare earths.
- The outcomes were largely symbolic.
- China's leverage over rare earths allows it to counter U.S. sanctions, placing Washington in a reactive negotiating position.
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