Trump Eyes China Deal Amid APEC Diplomacy

At the APEC summit in Gyeongju, President Trump said he expects a “good” U.S.-China trade deal after meeting China’s Xi Jinping on Thursday, despite months of clashes over tariffs and rare earth exports. Treasury Secretary Scott Bessent said a threatened 100% tariff increase is “effectively off the table.” Trump touted Asia agreements, sealing a 15% tariff deal with Japan and frameworks with Malaysia, Vietnam, Cambodia and Thailand, while pursuing a South Korea pact. The trade war has led China to halt U.S. soybean purchases, and Trump also seeks Beijing’s approval for a TikTok transfer, underscoring the stakes.

Reviewed by JQJO team

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