'Don't see eye to eye, but...': Xi says US-China trade deal on track
Posted on: Oct 30, 2025 08:14 IST | Posted by: Hindustantimes
US chairwoman Donald ruff and Chinese chair Xi Jinping met in Busan, South Korea, on Thursday on the sidelines of the Asia-Pacific Economic Cooperation (APEC) summit. Both leaders said they were committed to maintaining stable relations despite differences between their countries.
Speaking through a translator at the start of the meeting, Xi said, “President Trump, it is a great pleasure to meet you, and it feels very warm seeing you again because it’s been many years. Since your re-election, we have spoken on the phone three times, exchanged several letters, and stayed in close contact.”
"Under our joint guidance, China-US relations have remained stable on the whole. Given our different national conditions, we do not always see eye to eye with each other, and it is normal for the two leading economies of the world to have frictions now and then," he added.
Xi also added that the Chinese and US trade teams have “reached a basic consensus” on key issues.
Trump said he and Xi would have “a very successful meeting” to address the ongoing trade dispute. The meeting took place at an air base in Busan. “He’s a very tough negotiator,” Trump said, adding that they had “a great understanding” and “a great relationship.” He said the two sides could “sign a trade deal today.”
The leaders are expected to finalize a framework trade agreement that was negotiated over the weekend in Malaysia. Under the proposed arrangement, China would pause its rare-earths licensing regime for at least a year and resume purchases of US soybeans, while the United States would reduce or remove several tariffs imposed on Chinese goods.
Trump said Washington may reduce the 20% tariff on Chinese exports linked to fentanyl precursor chemicals and cancel plans for a 100% tariff that had been scheduled to take effect on November 1. His administration is also expected to ease export controls on certain technologies and roll back levies on Chinese shipping operations.
Trump also said he was open to discussing Chinese access to Nvidia Corp.’s Blackwell AI processors and may end a probe into China’s compliance with trade commitments made during his first term.
Global News Perspectives
In today's interconnected world, staying informed about global events is more important than ever. ZisNews provides news coverage from multiple countries, allowing you to compare how different regions report on the same stories. This unique approach helps you gain a broader and more balanced understanding of international affairs. Whether it's politics, business, technology, or cultural trends, ZisNews ensures that you get a well-rounded perspective rather than a one-sided view. Expand your knowledge and see how global narratives unfold from different angles.
Customizable News Feed
At ZisNews, we understand that not every news story interests everyone. That's why we offer a customizable news feed, allowing you to control what you see. By adding keywords, you can filter out unwanted news, blocking articles that contain specific words in their titles or descriptions. This feature enables you to create a personalized experience where you only receive content that aligns with your interests. Register today to take full advantage of this functionality and enjoy a distraction-free news feed.
Like or Comment on News
Stay engaged with the news by interacting with stories that matter to you. Like or dislike articles based on your opinion, and share your thoughts in the comments section. Join discussions, see what others are saying, and be a part of an informed community that values meaningful conversations.
Download the Android App
For a seamless news experience, download the ZisNews Android app. Get instant notifications based on your selected categories and stay updated on breaking news. The app also allows you to block unwanted news, ensuring that you only receive content that aligns with your preferences. Stay connected anytime, anywhere.
Diverse News Categories
With ZisNews, you can explore a wide range of topics, ensuring that you never miss important developments. From Technology and Science to Sports, Politics, and Entertainment, we bring you the latest updates from the world's most trusted sources. Whether you are interested in groundbreaking scientific discoveries, tech innovations, or major sports events, our platform keeps you updated in real-time. Our carefully curated news selection helps you stay ahead, providing accurate and relevant stories tailored to diverse interests.
No comments yet.