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

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

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

President Trump told reporters aboard Air Force One on his way back from Asia that the U.S. would lower tariffs, implemented on China earlier this year, from 20% to 10%, bringing the total combined tariff rate on China down from 57% to 47%. When asked what the major stumbling blocks left to negotiate with China, Trump told CBS News’ Nancy Cordes, “We have not too many major stumbling blocks. We have a deal now.” The president added that the deal will be renegotiated every year. No documents form

President Trump arrived back at the White House with little to say after his high-stakes talks with China's President Xi Jinping. #9News | 9 News