Potential US-China breakthrough as Trump, Xi set to meet at APEC in South Korea
Washington and Beijing have agreed on a "framework for progress" to avert a major tariff hike. The framework reportedly includes a deal on TikTok’s American operations, a pause on China's export curbs for rare earth minerals and plans to resume soybean purchases from the US. The stage is now set for a potential breakthrough when US President Donald Trump and his Chinese counterpart Xi Jinping meet this week at the APEC summit in South Korea. Grace Shin reports.
Washington and Beijing have agreed on a "framework for progress" to avert a major tariff hike. The framework reportedly includes a deal on TikTok’s American operations, a pause on China's export curbs for rare earth minerals and plans to resume soybean purchases from the US. The stage is now set for a potential breakthrough when US President Donald Trump and his Chinese counterpart Xi Jinping meet this week at the APEC summit in South Korea. Grace Shin reports.