Trump, Xi meet in effort to resolve trade tensions sparked by US tariffs
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U.S. President Donald Trump on Thursday met face-to-face with Chinese leader Xi Jinping in Busan, South Korea – just hours after Trump hinted online at potential shifts in U.S. defense and trade policy.
The meeting marked the final stop of Trump’s Asia trip, which also included stops in Malaysia and Japan, and focused on cooling the economic standoff between Washington and Beijing.
Since returning to the White House in January, Trump has levied major tariffs on Chinese imports – a move that prompted Beijing to tighten its control over exports of rare earth elements. Both leaders signaled interest in reducing tensions to avoid further shocks to the global economy.
Ahead of Thursday’s summit, U.S. and Chinese aides signaled the discussion would center on tariffs, advanced technology exports, and supply chain competition – key sticking points that have long defined the relationship between the two powers. Trump told reporters he believed the two sides could reach common ground.
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President Donald Trump, left, and Chinese President Xi Jinping, right, shake hands before their meeting at Gimhae International Airport in Busan, South Korea, Thursday, Oct. 30, 2025. (AP Photo/Mark Schiefelbein)
The meeting, which lasted roughly an hour and forty minutes, concluded with a brief photo opportunity before the two leaders went their separate ways. Afterward, neither side released details about what was discussed. Trump departed Busan without taking questions, waving to the press pool as he climbed the steps to Air Force One.
As cameras clicked, Trump leaned toward Xi and appeared to speak quietly before shaking hands and boarding the plane.
Trump and Xi spoke briefly to the press before heading into a closed-door session for less than two hours with senior aides.
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“It’s an honor to be with a friend of mine,” Trump said of Xi, adding that while some issues remain unresolved, “I think we’ve already agreed to a lot of things.”
Xi said in his opening remarks that “it feels very warm seeing you again because it’s been many years.”
The Chinese leader acknowledged that occasional friction between major powers is natural, adding that the U.S. and China “can still find ways to thrive side by side.”
President Donald Trump, right, with Secretary of State Marco Rubio, second right, and Commerce Secretary Howard Lutnick, third right, meets with Chinese President Xi Jinping at Gimhae International Airport in Busan, South Korea, Thursday, Oct. 30, 2025. (AP Photo/Mark Schiefelbein)
Earlier aboard Air Force One en route to South Korea, Trump suggested he may reduce tariffs imposed on China due to Beijing’s cooperation in curbing fentanyl exports.
Chinese President Xi Jinping, center, meets with President Donald Trump, not in photo, at Gimhae International Airport in Busan, South Korea, Thursday, Oct. 30, 2025. (AP Photo/Mark Schiefelbein)
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“I expect to be lowering that because I believe that they’re going to help us with the fentanyl situation,” Trump said, adding, “The relationship with China is very good.”
The Associated Press contributed to this report.
