China’s Xi Makes Veiled Dig at Trump
Summary
Chinese President Xi Jinping spoke at a conference of Pacific Rim leaders, urging cooperation to maintain global trade and supply chain stability. The conference took place in South Korea without the presence of President Donald Trump, who had returned to Washington following discussions with Xi that led to an agreement on trade and drug control issues. Xi called for multilateral cooperation and emphasized the importance of inclusive and sustainable development.Key Facts
- Chinese President Xi Jinping attended a Pacific Rim leaders' conference in South Korea.
- President Donald Trump was not present as he returned to Washington after discussions with Xi.
- Trump and Xi discussed and agreed on reducing U.S. tariffs in exchange for Chinese actions, including buying U.S. soybeans and controlling fentanyl trade.
- Xi emphasized the need for cooperation during turbulent times and expressed support for multilateral trade.
- Xi encouraged updates to global trade rules to protect developing countries' rights.
- U.S. Treasury Secretary Scott Bessent represented the United States at the conference.
- Bessent highlighted the U.S. focus on fair trade and securing global supply chains under President Trump.
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