Summary
President Donald Trump and Chinese leader Xi Jinping are meeting on Thursday. They are expected to discuss a possible trade deal. This meeting follows months of trade tensions and tariffs between the U.S. and China.
Key Facts
- President Trump and Chinese President Xi Jinping will meet in Busan, South Korea.
- The meeting aims to discuss a trade deal between the U.S. and China.
- U.S. Treasury Secretary said Trump might not impose the threatened 100% tariff on Chinese goods.
- Tensions include tariffs and access to important resources like minerals and semiconductors.
- TikTok, a Chinese app, is also a subject of tension due to security concerns.
- The meeting happens during the APEC summit and follows a 10-month trade dispute.
- Tariffs between the U.S. and China have reached high levels, affecting global businesses.
