President Trump announced that he and Xi Jinping of China had de-escalated their trade standoff, agreeing to roll back steep tariffs and limits on rare earth metals. But even as the global trade picture cleared a little, Trump spurred new worries about nuclear proliferation. https://nyti.ms/4offpv9 | The New York Times
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President Trump announced that he and Xi Jinping of China had de-es…
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Trump Cuts China Tariffs After Meeting With Xi in South Korea
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President Donald Trump met with Chinese President Xi Jinping for the first time in six years during a meeting in South Korea aimed at settling some trade differences. Trump announced the US will reduce tariffs on Chinese goods entering America, and in return China will start to import more agricultural products such as soybeans. But many other issues remain unresolved, including whether TikTok will be allowed to operate in America and China's continued purchasing of Russian oil. Trump is now due
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Donald Trump and Xi Jinping shared a 27-second handshake before the two managed to strike a deal between the U.S. and China on lowering tariffs | The Independent
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The billionaire dinner took place as world leaders gathered for the APEC summit, where AI chips are a key topic in ongoing US-China talks. At the summit, Huang met South Korea’s President Lee Jae-myung and announced that Nvidia would supply more than 260,000 graphics processing units to local companies, including Samsung, Hyundai, Naver and SK, to develop AI-driven technologies such as autonomous vehicles. | Mothership
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Trump-Xi Meeting Key Outcomes
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US President Trump has agreed with President Xi to trim some tariffs on China in exchange for keeping rare earth exports flowing. Beijing will also resume purchasing soybeans from the US. But what will happen a year from now when both sides renegotiate the deal? #dwbusiness | DW News
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Trump touts meeting with Xi "12 out of 10"
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