DiscoverMarkets & Money Today | 2 Min News | The Daily News Now!Trump-Xi meeting nears with high stakes and hopes, but few details
Trump-Xi meeting nears with high stakes and hopes, but few details

Trump-Xi meeting nears with high stakes and hopes, but few details

Update: 2025-10-30
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On October 30th, President Trump and President Xi Jinping met in Busan, South Korea, marking their first face-to-face meeting since Trump's trade fight with China resumed. While both sides expressed optimism, details about potential outcomes were scarce. Trump hinted at lowering tariffs on Chinese goods, particularly those linked to the fentanyl crisis, but provided few specifics. China recently purchased a small amount of U.S. soybeans, offering hope for American farmers. The meeting comes as U.S.-China trade tensions appear to be easing, with both sides suggesting they've found the basics for a new trade agreement. Expectations are for small steps rather than major breakthroughs.

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Trump-Xi meeting nears with high stakes and hopes, but few details

Trump-Xi meeting nears with high stakes and hopes, but few details