President Donald Trump and Chairman Xi Jinping met in South Korea, establishing a platform for a consensus to end the trade war and strengthen diplomatic relations between the two largest economies in the world.

🔹 President Xi Jinping said he was "very happy to meet President Trump again" and described the atmosphere of the meeting as "warm." He thanked President Trump for his role in the ceasefire in Gaza, while emphasizing that the differences between the two countries are normal.

🔹 Statement by President Xi:

"With different national conditions, sometimes we cannot perceive things in the same way. It is natural for the two leading economies in the world to have some clashes."

"In the face of storms and challenges, you and I – in our roles as the helmsmen of Sino-American relations – need to hold the right course and ensure that the ship of the two countries' relationship moves forward steadily."

🔹 President Trump: "We have reached conclusions on many very important points, and will announce them in the near future."

🔹 President Trump called this a "12/10 success," stating that "both sides have agreed on many issues."

PRELIMINARY RESULTS AND MAIN AGREEMENT

- Fentanyl tax reduced to 10%, China commits to strong efforts to prevent the flow of this substance into the US.
- Import tax on Chinese goods decreases from 57% to 47%
- China officially approved and began purchasing American soybeans immediately.
- Approving the sale of TikTok in the US
- Remove restrictions on rare earth exports, ensuring a stable supply for the strategic industries of the United States.
- The two countries will coordinate discussions on the Ukraine issue, and neither side mentioned Taiwan.
- President Trump stated that the issue of allowing Nvidia chip exports to China has not yet been decided, but both sides have discussed in depth export controls and technology cooperation.