meeting

ABOARD AIR FORCE ONE — President Trump described his face-to-face with Chinese leader Xi Jinping on Thursday as a roaring success, saying he would cut tariffs on China, while Beijing had agreed to allow the export of rare earth elements and start buying American soybeans.

The president told reporters aboard Air Force One that the U.S. would lower tariffs implemented earlier this year as punishment on China for its selling of chemicals used to make fentanyl from 20% to 10%. That brings the total combined tariff rate on China down from 57% to 47%

“I guess on the scale from 0 to 10, with ten being the best, I would say the meeting was a 12,” Trump said. “I think it was a 12.”

Treasury Secretary Scott Bessent said China agreed to purchase 25 million metric tons of U.S. soybeans annually for the next three years, starting with 12 million metric tons from now to January. U.S. soybean exports to China, a huge market for them, had come to a standstill in the trade dispute.

“So you know, our great soybean farmers, who the Chinese used as political pawns, that’s off the table, and they should prosper in the years to come,” Bessent told Fox Business Network’s “Mornings with Maria.”

Trump said that he would go to China in April and Xi would come to the U.S. “some time after that.” The president said they also discussed the export of more advanced computer chips to China, saying that Nvidia would be in talks with Chinese officials.

Trump said he could sign a trade deal with China “pretty soon.”

Xi said Washington and Beijing would work to finalize their agreements to provide “peace of mind” to both countries and the rest of the world, according to a report on the meeting distributed by state media.

“Both sides should take the long-term perspective into account, focusing on the benefits of cooperation rather than falling into a vicious cycle of mutual retaliation,” he said.

Sources of tension remain

Despite Trump’s optimism after a 100-minute meeting with Xi in South Korea, there continues to be the potential for major tensions between the world’s two largest economies. Both nations are seeking dominant places in manufacturing, developing emerging technologies such as artificial intelligence, and shaping world affairs like Russia’s war in Ukraine.

Trump’s aggressive use of tariffs since returning to the White House for a second term, combined with China’s retaliatory limits on exports of rare earth elements, gave the meeting newfound urgency. There is a mutual recognition that neither side wants to risk blowing up the world economy in ways that could jeopardize their own country’s fortunes.

When the two were seated at the start of the meeting, Xi read prepared remarks that stressed a willingness to work together despite differences.

“Given our different national conditions, we do not always see eye to eye with each other,” he said through a translator. “It is normal for the two leading economies of the world to have frictions now and then.”

There was a slight difference in translation as China’s Xinhua News Agency reported Xi as telling Trump that having some differences is inevitable.

Finding ways to lower the temperature

The leaders met in Busan, South Korea, a port city about 47 miles south from Gyeongju, the main venue for the Asia-Pacific Economic Cooperation summit.

In the days leading up to the meeting, U.S. officials signaled that Trump did not intend to make good on a recent threat to impose an additional 100% import tax on Chinese goods, and China showed signs it was willing to relax its export controls on rare earths and also buy soybeans from America.

Officials from both countries met earlier this week in Kuala Lumpur to lay the groundwork for their leaders. Afterward, China’s top trade negotiator Li Chenggang said they had reached a “preliminary consensus,” a statement affirmed by U.S. Treasury Secretary Scott Bessent who said there was “ a very successful framework.”

Shortly before the meeting on Thursday, Trump posted on Truth Social that the meeting would be the “G2,” a recognition of America and China’s status as the world’s biggest economies. The Group of Seven and Group of 20 are other forums of industrialized nations.

But while those summits often happen at luxury spaces, this meeting took place in humbler surroundings: Trump and Xi met in a small gray building with a blue roof on a military base adjacent to Busan’s international airport.

The anticipated detente has given investors and businesses caught between the two nations a sense of relief. The U.S. stock market has climbed on the hopes of a trade framework coming out of the meeting.

Pressure points remain for both U.S. and China

Trump has outward confidence that the grounds for a deal are in place, but previous negotiations with China this year in Geneva, Switzerland and London had a start-stop quality to them. The initial promise of progress has repeatedly given way to both countries seeking a better position against the other.

“The proposed deal on the table fits the pattern we’ve seen all year: short-term stabilization dressed up as strategic progress,” said Craig Singleton, senior director of the China program at the Foundation for Defense of Democracies. “Both sides are managing volatility, calibrating just enough cooperation to avert crisis while the deeper rivalry endures.”

The U.S. and China have each shown they believe they have levers to pressure the other, and the past year has demonstrated that tentative steps forward can be short-lived.

For Trump, that pressure comes from tariffs.

China had faced new tariffs this year totaling 30%, of which 20% were tied to its role in fentanyl production. But the tariff rates have been volatile. In April, he announced plans to jack the rate on Chinese goods to 145%, only to abandon those plans as markets recoiled.

Then, on Oct. 10, Trump threatened a 100% import tax because of China’s rare earth restrictions. That figure, including past tariffs, would now be 47% “effective immediately,” Trump told reporters on Thursday.

Xi has his own chokehold on the world economy because China is the top producer and processor of the rare earth minerals needed to make fighter jets, robots, electric vehicles and other high-tech products.

China had tightened export restrictions on Oct. 9, repeating a cycle in which each nation jockeys for an edge only to back down after more trade talks.

What might also matter is what happens directly after their talks. Trump plans to return to Washington, while Xi plans to stay on in South Korea to meet with regional leaders during the Asia-Pacific Economic Cooperation summit, which officially begins on Friday.

“Xi sees an opportunity to position China as a reliable partner and bolster bilateral and multilateral relations with countries frustrated by the U.S. administration’s tariff policy,” said Jay Truesdale, a former State Department official who is CEO of TD International, a risk and intelligence advisory firm.

Boak, Megerian and Schiefelbein write for the Associated Press. Boak reported from Tokyo and Megerian reported from Busan, South Korea. Ken Moritsugu in Beijing and Seung Min Kim and Michelle Price in Washington contributed to this report.

GYEONGJU, South Korea, Oct. 30 (UPI) — U.S. President Donald Trump departed from South Korea on Thursday after a highly anticipated meeting with Chinese President Xi Jinping that lowered the temperature on a simmering trade war with agreements on rare earth minerals, fentanyl, soybeans and tariffs.

The two leaders met for the first time since 2019 at Gimhae Air Base in the southeastern city of Busan, shortly after Xi arrived in the country for a three-day state visit to attend the Asia-Pacific Economic Cooperation summit.

Speaking to reporters on his way back to Washington aboard Air Force One, Trump described the outlines of a trade deal that he said would be signed “pretty soon.”

According to the president, China agreed to take steps to stop the flow of precursor chemicals used to make fentanyl into the United States. In response, Trump said he halved the 20% fentanyl-linked tariffs he had imposed earlier this year.

“Based on [Xi’s] statements today, I reduced it by 10%. So, it’s 10% instead of 20%, effective immediately,” Trump said.

The reduction brings the overall tariff rate on goods from China from 57% to 47%, he said.

Beijing also agreed to resume purchases of American soybeans and set a one-year pause on its planned export controls of rare earth minerals. China dominates the production and processing of the metallic elements, which are crucial for manufacturing a vast array of high-tech products from smartphones to missiles.

“We have not too many stumbling blocks now,” Trump said. “We have a deal. We’ll negotiate at the end of a year, but all of the rare earth has been settled.”

No official announcement from either side has been released yet, but the U.S. president declared the meeting a “great success.”

“Overall, on the scale of from zero to 10, with 10 being the best, I would say the meeting was a 12,” Trump said.

One topic the two leaders did not discuss was Taiwan, Trump noted. Some analysts had expected Xi to exert leverage in an attempt to soften U.S. support for the self-governing island of 23 million, which China sees as a breakaway province.

“I’m relieved Taiwan apparently didn’t come up in today’s meeting,” Sean King, senior vice president and East Asia expert at New York-based consulting firm Park Strategies, told UPI.

However, King said that the trade deal does not represent significant progress from when Trump kicked off his global tariff scheme in early April, on what the White House dubbed “Liberation Day.”

“We’re seemingly no further along than where we were on Liberation Day,” King said. “Unlike friendly leaders, Xi gave Trump no golden gifts … Right now, for better or worse, it seems like not too much of major trade substance happened in today’s meeting.”

At the start of the meeting, the two leaders had a brief introductory exchange that was open to the media.

“Given our different national conditions, we do not always see eye to eye with each other and it is normal for the two leading economies of the world to have friction now and then,” Xi said.

Xi called on Trump to join him and “ensure the steady sailing forward of the giant ship of China-U.S. relations.”

“I always believe that China’s development goes hand in hand with your vision to make America great again,” Xi said. “Our two countries are fully able to help each other succeed and prosper together.”

After the meeting, Xi traveled to the nearby city of Gyeongju to take part in the APEC Economic Leaders’ Meeting. Trump attended the APEC summit on Wednesday, where he struck a trade deal with South Korean President Lee Jae Myung and delivered a keynote address at a CEO luncheon.

United States President Donald Trump expects “a lot of problems” will be solved between Washington and Beijing when he meets China’s President Xi Jinping in South Korea for a high-stakes meeting on Thursday, amid growing trade tensions between the two.

Relations between the two world powers have been strained in recent years, with Washington and Beijing imposing tit-for-tat trade tariffs topping 100 percent against each other this year, the US restricting its exports of semiconductors vital for artificial intelligence (AI) development and Beijing restricting exports of critical rare-earth metals which are vital for the defence industry and also the development of AI, among other issues.

Officials from Washington and Beijing have been locked in trade talks since August to de-escalate trade tensions, and they also came up with a framework for a trade deal during meetings in Malaysia over the weekend.

On the sidelines of the Asia-Pacific Economic Cooperation (APEC) summit in Gyeongju, South Korea, on Wednesday, Trump said an expected trade deal between China and the US would be good for both countries and “something very exciting for everybody”.

But only a meeting between Trump and Xi can confirm if a trade deal is really in the making.

Expectations for the agreement are modest, with analysts expecting the two world powers to continue to clash over their myriad differences long-term.

When are the two leaders meeting?

Trump is scheduled to meet Xi on Thursday in the port city of Busan in southeastern South Korea. The meeting is expected to start at 11am local time (01:00 GMT).

It will be the first time the leaders have met in person since Trump returned to the White House in January.

The US president last met Xi in 2019, during Trump’s first term, on the sidelines of the Group of 20 (G20) summit in Osaka, Japan.

“I think we’re going to have a great meeting with President Xi of China, and a lot of problems are going to be solved,” Trump told journalists on Wednesday on Air Force One while en route to South Korea.

On Wednesday, China’s Ministry of Foreign Affairs confirmed the meeting between Xi and Trump in a statement and said the leaders “will exchange views on bilateral relations and issues of mutual interest”.

What will Trump and Xi talk about?

Discussions are likely to cover:

• Trade tariffs
• Trafficking of fentanyl, a drug responsible for tens of thousands of deaths in the US each year
• China’s export controls on critical rare-earth metals and its purchase of US soya beans
• US export controls on semiconductors
• Geopolitical and security issues, particularly Russia’s war in Ukraine and Washington’s position on Taiwan
• Port fees on Chinese ships docking in US ports
• Finalising a deal to buy TikTok, the social media platform, from its Chinese owners

Alejandro Reyes, adjunct professor at the Department of Politics and Public Administration at the University of Hong Kong, told Al Jazeera that at this meeting, both sides will want to steady an uneasy rivalry – but for different reasons.

“For Washington, the goal is to show that its tough line on China has delivered results. The Trump team is walking into this summit after signing trade pacts with Malaysia, Cambodia and Japan that link market access directly to national security cooperation. These deals require America’s partners to align with US export controls and supply-chain rules – essentially making ‘economic security’ a shared obligation,” he said.

“For Beijing, the priority is to project calm and endurance. The meeting comes just after the fourth plenum, which reaffirmed Chinese leader Xi Jinping’s authority and set the direction for the next five-year plan. China’s message is that it has weathered Western pressure and is back to focusing on growth and domestic stability,” he added.

But discussions on disputes over trade tariffs, critical rare-earth metals, AI technology and geopolitical strategies, the issues that most define the current relationship between the US and China, according to Reyes, are not going to be easy to resolve.

“The mistrust is structural now – it’s built into how both countries think about power and security,” he said.

What are the sticking points?

Fentanyl

A key issue for the Trump administration is stopping the illegal flow of drugs, particularly fentanyl – a powerful synthetic opiate which is 50 times more potent than heroin – from China to the US. In February, Trump slapped a 20 percent trade tariff on all imports from China, citing Beijing’s lack of effort in curbing the flow of the drug into the US.

In a media briefing note sent to Al Jazeera by the German Marshall Fund of the United States, Bonnie Glaser, managing director of GMF’s Indo-Pacific programme, said the fentanyl trade has been “a really contentious issue between the US and China”.

“From what I have heard, a criminal money-laundering cooperation supports the fentanyl trade, and this is where China is willing to cooperate, in a way where it will have minimum negative impact on their domestic situation,” she said at a briefing held in Washington, DC, on Tuesday.

Late on Tuesday, The Wall Street Journal reported that during Thursday’s meeting, “China is expected to commit to more controls on the export of so-called precursor chemicals used to make fentanyl.” The newspaper added that if this agreement is reached, Trump would reduce the tariffs imposed because of fentanyl by as much as 10 percent.

Trade tariffs

Following the fentanyl-related tariffs, in March, China imposed a 15 percent tariff on a range of US farm exports in retaliation, triggering a tit-for-tat tariff war.

In April, Trump raised tariffs on Chinese imports to 145 percent, prompting China to hit back with 125 percent tariffs of its own.

Washington and Beijing later cut tariffs to 30 percent and 10 percent, respectively, in May, and agreed to a 90-day truce in August for trade talks. The truce has been extended twice, but despite repeated talks, a trade agreement has not been reached.

Rare-earth metals and soya beans

China has restricted exports of 12 critical rare-earth metals this year, as well as of the machinery needed to refine these metals, citing security reasons. Beijing also said its restrictions were in response to US restrictions on the Chinese maritime, logistics and shipbuilding industries.

The first seven metals to be restricted were announced in April, while the remaining five were announced on October 10. These metals are crucial for the defence industry and for developing AI technology.

In October, Trump responded by threatening to impose 100 percent tariffs on China from November 1, citing Beijing’s strict export controls on critical rare earths as the reason for the tariffs.

Trump added that the US would also impose export controls on “any and all critical software”.

Reyes noted that while the US wants guaranteed access to rare earths and battery materials, it signed a new agreement with Japan and trade clauses with Malaysia this week, which aim to reduce the US dependence on China for these. “Beijing sees this as an effort to contain its influence,” he said.

Meanwhile, US Secretary of the Treasury Scott Bessent told many US media outlets this week that he expected China to defer its restrictions on rare earths and that Trump’s 100 percent tariff threat was “effectively off the table”.

Bessent added that the Chinese side would agree to increase purchases of US-grown soya beans.

Dylan Loh, associate professor in public policy and global affairs at Nanyang Technological University, said he anticipates some positive movement on solving these trade disputes but does not believe the fundamental economic tension between the US and China will be resolved at the meeting.

“The competition and mistrust go beyond simply economics,” he told Al Jazeera. “But the problems can be managed and must be managed well. It requires political capital and the ability to move beyond zero-sum thinking.”

Technology and TikTok

In September, Trump signed an executive order to transfer TikTok’s US assets to US investors, citing national security reasons. On Sunday, Bessent told US broadcaster CBS that the US and China had “reached a final deal on TikTok”, which will be finalised at the Trump-Xi meeting.

But, Reyes said, “the deal cools one dispute but doesn’t end the fight over chips, AI and digital control”.

In October, Washington blacklisted hundreds of Chinese tech firms, claiming they posed a risk to national security. The US has also restricted companies such as Nvidia from exporting advanced chips, important to manufacture key equipment used for the development of AI, to China, claiming that Beijing would use it to advance its global power.

Beijing has been irked by Washington’s restrictions and has launched antitrust investigations into Nvidia and Qualcomm, and has also increased its export controls on rare-earth elements.

Speaking to reporters on board Air Force One en route to South Korea on Wednesday, Trump said he might speak to Xi about Nvidia chips.

“I think we may be talking about that with President Xi,” Trump said.

Geopolitical Issues

According to analysts, Trump is eager to use this meeting with Xi to discuss ways to end Russia’s war in Ukraine.

Beijing, a close ally of Moscow, has said a prolonged war in Ukraine “serves no one’s interest”. But, in July, according to a report by The South China Morning Post, Chinese Foreign Minister Wang Yi told the European Union that it can’t afford to have Russia lose the war in Ukraine since the US would then turn its attention to China.

Trump has threatened to slap sanctions and tariffs on countries that buy Moscow’s crude oil in efforts to end the war. It has already imposed an additional 25 percent tariff – bringing the total to 50 percent – on India as a punishment for purchasing Russian oil.

But the US has not yet taken this step with China, which imports about 1.4 million barrels of Russian oil per day by sea.

According to a Reuters report, however, after the US sanctioned two of Moscow’s largest oil companies, Rosneft and Lukoil, in October, Chinese national oil companies like PetroChina and Sinopec have said they will refrain from importing seaborne Russian oil for the short term.

“Trump wants a ceasefire and a peace deal in Ukraine. Putin has been unwilling to play ball, and Trump, I think, intends to raise this with Xi Jinping, possibly ask him if he can reach out to Putin and encourage him to come to the negotiating table,” Glaser said.

“We know so far, Xi Jinping has been very, very cautious about getting involved. I think he will be reluctant to pressure Putin to do,” she added.

Besides Ukraine, Beijing will be eager to discuss the US position on Taiwan, according to Glaser.

“Xi Jinping will raise concerns about what Beijing views as the pro-independence policies of Taiwan’s President Lai Ching-te, and I think he will want clarification of the US stance and may well press Trump to say that the US opposes Taiwan independence and supports China’s unification,” she said.

“The bottom line is that Trump is not likely to abandon Taiwan because doing so could lead to a PRC [People’s Republic of China] decision to use force, and Trump wants to take credit for ending wars, not starting them,” Glaser added.

Trump, however, told journalists on board Air Force One on Wednesday that he was “not sure” he would discuss Taiwan.

How strong are their negotiating positions?

The balance of power in the respective negotiating positions of China and the US has shifted in the recent past.

Former US President Joe Biden restricted exports of US semiconductors, which are crucial for the development of AI, much to China’s annoyance. Then, early this year, Trump compounded this with 145 percent tariffs on Chinese goods.

China retaliated with 125 percent tariffs on US goods, escalating a trade war, until the two sides agreed in May to pause tariffs to allow for trade talks.

But that was not before China placed export restrictions on seven rare-earth metals in April. In October, China restricted exports of five more rare-earth metals, and Trump threatened 100 percent tariffs again in retaliation.

This week, seeking to diversify trade and its supply chains, China strengthened a trade deal with the Association of Southeast Asian Nations (ASEAN). But the US also drew up new trade agreements with Japan, Malaysia and Cambodia. On Wednesday, South Korea announced that it too had reached a trade agreement with the US, and was lowering tariffs on imported US goods.

According to Loh, it is unclear who has the upper hand right now between the US and China.

“While the signing of the FTA [with ASEAN] has certainly enhanced China’s position and influence and is indeed quite significant for ASEAN and China, it does not necessarily have a direct bearing on US-China itself,” Loh said.

“US retains considerable political and economic influence in this part of the world still, as evinced by Trump’s trip here,” he added.

According to Reyes, each side has different kinds of leverage.

“The United States has built a new network of allies who have literally signed on to Washington’s playbook,” he said, referring to the deal Washington signed with Malaysia, which obliges Kuala Lumpur to match US trade restrictions. Malaysia has clarified that this deal would only apply to matters of shared concern.

But Reyes said such a deal “gives Trump’s team political and legal momentum going into the China meeting”.

“China, though, has the economic stamina. It still anchors global manufacturing, dominates critical-mineral processing, and has proven that tariffs couldn’t break its model. China used the trade war to build muscles, resistance and resilience – it learned to do everything faster, cheaper and at scale,” he said.

“So the US has the ‘louder’ hand; China has the steadier one. Washington can escalate, but Beijing can outlast,” Reyes added.

So what is likely to come out of these talks?

The stakes are high with Trump announcing that he anticipates a “great” meeting. But expectations of any “great” outcome are low.

Reyes said he expects a truce in their strained ties with photo opportunities rather than any grand bargain.

“Expect both sides to announce small wins: a delay on tariffs, a joint statement on trade stability, maybe a working group on critical minerals cooperation,” he said.

“This summit won’t end the rivalry – it simply marks a new phase: the US building alliances through treaties, and China doing much the same, while consolidating power through endurance building. This meeting isn’t about ending the rivalry – it’s about learning to live with it,” he said.

Tensions between China and the US have escalated amid Donald Trump’s tariff threats and new restrictions on exports.

GYEONGJU, South Korea — The United States and South Korea advanced trade talks on Wednesday, addressing details of $350 billion that would be invested in the American economy, after negotiations and ceremonies that included the presentation of a gold medal and crown to President Trump.

Both were gifts from the country’s president, Lee Jae Myung, who dialed up the flattery while Washington and Seoul worked to nail down financial promises during the last stop of Trump’s Asia trip.

Although both sides said progress has been made — Trump said things were “pretty much finalized” — no agreement has been signed yet. The framework includes gradual investments, cooperation on shipbuilding and the lowering of Trump’s tariffs on South Korea’s automobile exports, according to Kim Yong-beom, Lee’s chief of staff for policy. The White House did not immediately respond to a request for comment.

The announcement came after a day of adulation for the visiting American president from his hosts. There was a special lunch menu featuring U.S.-raised beef and a gold-adorned brownie. A band played Trump’s campaign anthem of “Y.M.C.A.” when he stepped off Air Force One. Lee told him that “you are indeed making America great again.”

Trump can be mercurial and demanding, but he has a soft spot for pomp and circumstance. He was particularly impressed by a choreographed display of colorful flags as he walked along the red carpet.

“That was some spectacle, and some beautiful scene,” Trump told Lee during their meeting. “It was so perfect, so flawlessly done.”

Earlier in the day, Trump even softened his rhetoric on international trade, which he normally describes in predatory terms where someone is always trying to rip off the United States.

“The best deals are deals that work for everybody,” he said during a business forum.

Trade deal with Seoul in process

Trump was visiting while South Korea is hosting the annual Asia-Pacific Economic Cooperation summit in the historical city of Gyeongju. He previously stopped in Japan, where he bonded with the new prime minister, and Malaysia, where he attended a summit of the Assn. of Southeast Asian Nations.

The Republican president has been trying to tie up trade deals along the way, eager to show that his confrontational approach of tariffs is paying dividends for Americans who are uneasy about the job market and watching a federal government shutdown extend into its fifth week.

South Korea has been particularly tough to crack, with the sticking point being Trump’s demand for $350 billion of direct investment in the U.S.

Korean officials say putting up cash could destabilize their own economy, and they’d rather offer loans and loan guarantees instead. The country would also need a swap line to manage the flow of its currency into the U.S.

Trump, after meeting with Lee, said “we made our deal pretty much finalized.” He did not provide any details.

Oh Hyunjoo, a deputy national security director for South Korea, told reporters earlier in the week that the negotiations have been proceeding “a little bit more slowly” than expected.

“We haven’t yet been able to reach an agreement on matters such as the structure of investments, their formats and how the profits will be distributed,” she said Monday.

It’s a contrast from Trump’s experience in Japan, where the government has worked to deliver the $550 billion in investments it promised as part of an earlier trade agreement. Commerce Secretary Howard Lutnick announced up to $490 billion in specific commitments during a dinner with business leaders in Tokyo.

For now, South Korea is stuck with a 25% tariff on automobiles, putting automakers such as Hyundai and Kia at a disadvantage against Japanese and European competitors, which face 15%.

Lee, speaking at the business forum before Trump arrived, warned against trade barriers.

“At a time when protectionism and nationalism are on the rise and nations focus on their immediate survival, words like ‘cooperation,’ ‘coexistence’ and ‘inclusive growth’ may sound hollow,” he said. “Yet, paradoxically, it is in times of crisis like this that APEC’s role as a platform for solidarity shines brighter.”

Trump and Lee swap praise

Lee took office in June and had a warm meeting with Trump at the White House in August, when he praised Oval Office renovations and suggested building a Trump Tower in North Korea.

He took a similar approach when Trump visited on Wednesday. The gold medal presented to Trump represents the Grand Order of Mugunghwa, the country’s highest honor, and Trump is the first U.S. president to receive it.

Trump said, “It’s as beautiful as it can possibly be” and “I’d like to wear it right now.”

Next was a replica of a royal crown from the Silla Kingdom, which existed from 57 B.C. to 935 A.D. The original crown was found in a tomb in Gyeongju, the kingdom’s capital.

Besides trade disagreements, there have been other points of tension between Washington and Seoul this year. More than 300 South Koreans were detained during a U.S. immigration raid on a Hyundai plant in Georgia in September, sparking outrage and betrayal.

Lee said at the time companies would likely hesitate to make future investments unless the visa system was improved.

“If that’s not possible, then establishing a local factory in the United States will either come with severe disadvantages or become very difficult for our companies,” he said.

Asked Monday about the immigration raid, Trump said, “I was opposed to getting them out,” and he said an improved visa system would make it easier for companies to bring in skilled workers.

Trump-Xi meeting is expected Thursday

While in South Korea, Trump is also expected to hold a closely watched meeting on Thursday with Chinese leader Xi Jinping. Washington and Beijing have clashed over trade, but both sides have indicated that they’re willing to dial down tensions.

Trump told reporters aboard Air Force One on Wednesday that he expects to lower tariffs targeting China over the flow of fentanyl ingredients.

“They’ll be doing what they can do,” he said. Trump added that “China is going to be working with me.”

Trump sounded resigned to the idea that he wouldn’t get to meet North Korean leader Kim Jong Un on this trip. The president previously floated the possibility of extending his stay in South Korea, but on Wednesday said “the schedule was very tight.”

North Korea has so far dismissed overtures from Washington and Seoul, saying it won’t resume diplomacy with the United States unless Washington drops its demand for the North’s denuclearization. North Korea said Wednesday it fired sea-to-surface cruise missiles into its western waters, in the latest display of its growing military capabilities as Trump visits South Korea.

Trump brushed off the weapons test, saying, “He’s been launching missiles for decades, right?”

The two leaders met during Trump’s first term, although their conversations did not produce any agreements about North Korea’s nuclear program.

Megerian writes for the Associated Press. AP writers Kim Tong-hyung and Hyung-jin Kim contributed to this report from Seoul and Josh Boak contributed from Tokyo.

Published on 29/10/2025 – 11:09 GMT+1
•Updated
11:11

Nvidia shares continued their dramatic rise this week as investors banked on an easing of semiconductor trade restrictions between the US and China.

Ahead of a meeting with Chinese President Xi Jinping on Thursday, US President Donald Trump said he planned to discuss Nvidia’s advanced Blackwell artificial intelligence chip with Xi.

“We’ll be speaking about Blackwell, it’s the super duper chip,” he told reporters on Wednesday.

The president didn’t elaborate on specific policy aims, although he said he was “very optimistic” about the meeting with his Chinese counterpart.

By around 11:00 CET, Nvidia shares had jumped over 3% in pre-market trading, bringing the firm closer to a $5 trillion market capitalisation.

Semiconductors have been a key point of contention between the US and China as both nations seek to lead on advanced technologies such as AI.

The tiny chips, used to power a range of electronic devices from smartphones to medical equipment, are essential to this ambition. Since 2022, the US has therefore restricted Nvidia’s sales of advanced chips to China for national security reasons.

Trump has flip-flopped on export controls since his arrival in the White House, first restricting and then approving sales of Nvidia’s H20 AI chip to China. Nvidia designed the H20 specifically for the Chinese market to comply with Biden-era export curbs, although the Trump administration previously said it was concerned the tech could be used for military purposes.

With regard to the Blackwell processor, Trump suggested months ago that he would consider allowing Nvidia to export a downgraded version of the chip to China.

Progress on such a proposal would come as a relief to Nvidia CEO Jensen Huang, who has long criticised US restrictions. Huang has notably argued that such curbs are boosting China’s AI capabilities as the Chinese market is forced to become less reliant on US products.

It seems that such logic is already understood in Beijing, even as the US softens its stance. After Washington gave the green light to H20 exports, China’s regulator banned the country’s biggest tech companies from buying Nvidia’s artificial intelligence chips.

“The president has licensed us to ship to China, but China has blocked us from being able to ship to China,” Huang said at a Nvidia event this week in Washington. “They’ve made it very clear that they don’t want Nvidia to be there right now.”

In a document released by Beijing on Tuesday, the Communist party reiterated the importance of self-sufficiency, calling for “extraordinary measures” to achieve “decisive breakthroughs” in technologies such as semiconductors.

“The most important factor in promoting high-quality development is to accelerate high-level scientific and technological self-reliance,” Xi said in a speech released by state news agency Xinhua.

While it’s possible that Chinese restrictions on Nvidia chips could be a long-lasting policy, experts have suggested that the move may be a bargaining chip in trade negotiations with Washington.

Such policy U-turns are creating uncertainty for investors despite the fact that Nvidia shares have risen roughly 50% this year, driven higher by AI ambitions.

GYEONGJU, South Korea, Oct. 29 (UPI) — U.S. President Donald Trump arrived in South Korea Wednesday, where he said he wasn’t able to “work out timing” for a meeting with North Korean leader Kim Jong Un.

Trump made the remark during a bilateral meeting with South Korean President Lee Jae Myung in the city of Gyeongju, where the Asia-Pacific Economic Cooperation summit is being held, after earlier saying he “would love” to meet Kim during his trip.

“I know Kim Jong Un very well. We get along very well,” Trump said. “We really weren’t able to work out timing.”

Trump met Kim three times during his first term — in Singapore in 2018, in Hanoi in 2019 and briefly at the Demilitarized Zone later that year. Speculation had swirled that the two could meet again this week in the DMZ truce village of Panmunjom to restart talks over the North’s nuclear weapons program.

“I know you are officially at war, but we will see what we can do to get that all straightened out,” Trump said to Lee Wednesday. The 1950-53 Korean War ended in a ceasefire but not a peace treaty.

“We’ll have other visits, and we’ll work very hard with Kim Jong Un and with everybody on getting things straightened out because that makes sense,” Trump added.

Lee expressed regret over the missed opportunity and said that he hoped Trump would have a chance to play the role of “peacemaker” on the Korean Peninsula.

“As I mentioned many times, you have wonderful capabilities and skills as a peacemaker,” Lee told Trump. “Chairman Kim has not really accepted your good intention and your gesture, so this time it did not happen. But I believe that we’ve been planting good seeds for a better future.”

Earlier on Wednesday, North Korean state media reported that the country had test-fired sea-to-surface strategic cruise missiles in the Yellow Sea, its latest provocation before Trump’s visit. A week earlier, Pyongyang claimed that it had successfully tested a “new cutting-edge weapons system” involving hypersonic missiles,

At a welcoming ceremony at Gyeongju National Museum, Lee presented Trump with the Grand Order of Mugunghwa, South Korea’s highest decoration to honor his “achievements in paving the way toward peace on the Korean Peninsula.”

Trump is the first U.S. president to receive the honor.

Lee also gave his counterpart a replica of a golden crown from the Silla Dynasty, which ruled from 57 BC to 935 AD.

The crown “symbolizes the long-standing peace of the Silla period, as well as a new era of peaceful coexistence on the Korean Peninsula and shared growth that Korea and the U.S. will build together,” the South’s presidential office said in a statement.

After the ceremony, bilateral discussions were expected to include trade, investment, economic and security cooperation and alliance modernization, the office said.

Trump’s nearly weeklong trip through Asia has focused on making trade deals and bolstering economic ties with countries in the region. He signed a trade agreement with new Japanese Prime Minister Sanae Takaichi on Tuesday and inked deals with Cambodia, Malaysia, Thailand and Vietnam at the Association of Southeast Asian Nations summit in Kuala Lumpur over the weekend.

The most anticipated engagement of Trump’s visit will be on Thursday, when he is scheduled to meet with Chinese President Xi Jinping in the port city of Busan before heading back to Washington.

The meeting, their first since 2019, comes as the two superpowers are locked in a trade war. Chinese and U.S. economic officials agreed on a framework for a trade agreement on Sunday on the sidelines of the ASEAN summit in Kuala Lumpur, U.S. Treasury Secretary Scott Bessent said on NBC’s Meet the Press.

In keynote remarks on Wednesday at an APEC CEOs luncheon, Trump said he expected a deal to be finalized during his meeting with Xi.

“We’re going to be, I hope, making a deal. I think we’re going to have a deal. I think it will be a good deal for both,” Trump said. “The world is watching, and I think we’ll have something that’s very exciting for everybody.”

WASHINGTON — President Trump faces the most important international meeting of his second term so far on Thursday: face-to-face negotiations with Xi Jinping, who has made China a formidable economic and military challenger to the United States.

The two presidents face a vast agenda during their meeting in Seoul, beginning with the two countries’ escalating trade war over tariffs and high-tech exports. The list also includes U.S. demands for a Chinese crackdown on fentanyl, China’s aid to Russia in its war with Ukraine, the future of Taiwan and China’s growing nuclear arsenal.

Trump has already promised, characteristically, that the meeting will be a major success.

“It’s going to be fantastic for both countries, and it’s going to be fantastic for the entire world,” he said last week.

But it isn’t yet clear that the summit’s concrete results will measure up to that high standard.

Treasury Secretary Scott Bessent said Sunday that the two sides have agreed to a “framework” under which China would delay implementing tight controls on rare earth elements, minerals crucial for the production of high-tech products from smartphones and electric vehicles to military aircraft and missiles. He said China has also agreed to resume buying soybeans from U.S. farmers and to crack down on fentanyl components.

In return, Bessent said, the United States will back down from its stinging tariffs on Chinese goods.

Nicholas Burns, the U.S. ambassador in Beijing under then-President Biden, said that kind of deal would amount to “an uneasy trade truce rather than a comprehensive trade deal.”

“That may be the best we can expect,” he said in an interview Monday. Still, he added, “it will be a positive step to stabilize world markets and allow the continuation of U.S.-China trade for the time being.”

But U.S. and Chinese officials have been close-mouthed on what, if anything, has been agreed on regarding Xi’s other big trade demand: easier U.S. restrictions on high-tech exports to China, especially advanced semiconductor chips used for artificial intelligence.

Burns said the two superpowers’ technology competition is “the most sensitive … in terms of where this relationship will head, which country will emerge more powerful.”

Giving China easy access to advanced semiconductors “would only help [the Chinese army] in its competition with the U.S. military for power in the Indo-Pacific,” he warned.

Other former officials and China hawks outside the administration have said, even more pointedly, that they worry that Trump may be too willing to trade long-term technology assets for short-term trade deals.

In August, Trump eased export controls to allow Nvidia, the world leader in AI chips, to sell more semiconductors to China — in an unusual deal under which the U.S. company would pay 15% of its revenue from the sales to the U.S. Treasury.

Matthew Pottinger, Trump’s top China advisor in his first term, protested in a recent podcast interview that the deal risked trading a strategic technology advantage “for $20 billion and Nvidia’s bottom line.”

Underlying the controversy over technology, some China watchers warn, is a basic mismatch between the two presidents: Trump is focused almost entirely on trade and commercial deals, while Xi is focused on displacing the United States as the biggest economic and military power in Asia.

“I don’t think the administration has a strategy toward China,” said Bonnie Glaser, a China expert at the German Marshall Fund of the United States. “It has a trade strategy, not a China strategy.”

“The administration does not seem to be focused on competition with China,” said Jonathan Czin, a former CIA analyst now at Washington’s Brookings Institution. “It’s focused on deal making. … It’s tactics without strategy.”

“We’ve fallen into a kind of trade and technology myopia,” he added. “We’re not talking about issues like China’s coercion [of smaller countries] in the South China Sea. … China doesn’t want to have that bigger, broader conversation.”

It isn’t clear that Trump and Xi will have either the time or inclination to talk in detail about anything other than trade.

And even on the front-burner economic issues, this week’s ceasefire is unlikely to produce a permanent peace.

“As with all such agreements, the devil will be in the details,” Burns, the former ambassador, said. “The two countries will remain fierce trade rivals. Expect friction ahead and further trade duels well into 2026.”

“Buckle up,” Czin said. “There are likely more sudden moves from Beijing ahead.”

In the long run, Trump’s legacy in U.S.-China relations will rest not only on trade deals but on the larger competition for economic and military power in the Pacific Rim. No matter how this week’s meetings go, those challenges still lie ahead.

TOKYO — President Trump treated his time in Japan on Tuesday as a victory lap — befriending the new Japanese prime minister, taking her with him as he spoke to U.S. troops aboard an aircraft carrier and then unveiling several major energy and technology projects in America to be funded by Japan.

Sanae Takaichi, who became the country’s first female prime minister only days ago, solidified her relationship with Trump while defending her country’s economic interests. She talked baseball, stationed a Ford F-150 truck outside their meeting and greeted Trump with, by his estimation, a firm handshake.

By the end of the day, Trump — by his administration’s count — came close to nailing down the goal of $550 billion in Japanese investment as part of a trade framework. At a dinner for business leaders in Tokyo, Commerce Secretary Howard Lutnick announced up to $490 billion in commitments, including $100 billion each for nuclear projects involving Westinghouse and GE Vernova.

“You’re great business people,” Trump told the gathered executives before the dinner. “Our country will not let you down.”

It was not immediately clear how the investments would operate and how they compared with previous plans, but Trump declared a win as he capped off a day of bonding with Takaichi.

Trump and Japanese PM swap warm words

The compliments started as soon as the two leaders met on Tuesday morning. “That’s a very strong handshake,” Trump said to Takaichi.

She talked about watching the third game of the U.S. World Series before the event, and said Japan would give Washington 250 cherry trees and fireworks for July 4 celebrations to honor America’s 250th anniversary next year.

Takaichi emphasized her ties to the late Japanese Prime Minister Shinzo Abe, her archconservative mentor who had forged a friendship with Trump during his first term through their shared interest of golf.

“As a matter of fact, Prime Minister Abe often told me about your dynamic diplomacy,” she said, later gifting Trump a putter used by Abe.

Trump told her it was a “big deal” that she is Japan’s first woman prime minister, and said the U.S. is committed to Japan. While the president is known for not shying away from publicly scolding his foreign counterparts, he had nothing but praise for Takaichi.

“Anything I can do to help Japan, we will be there,” Trump said. “We are an ally at the strongest level.”

Takaichi laid out a charm offensive, serving American beef and rice mixed with Japanese ingredients during a working lunch, where the two leaders also discussed efforts to end Russia’s war in Ukraine. White House press secretary Karoline Leavitt told reporters that Takaichi would be nominating Trump for the Nobel Peace Prize.

The two leaders signed black “Japan is Back” baseball caps that resembled Trump’s own red “Make America Great Again” caps.

Reporters arriving for the meeting were hustled past a gold-hued Ford F-150 outside the Akasaka Palace, which is Tokyo’s guest house for visiting foreign leaders.

Trump has often complained that Japan doesn’t buy American vehicles, which are often too wide to be practical on narrow Japanese streets. But the Japanese government is considering buying a fleet of Ford trucks for road and infrastructure inspection.

They vow a ‘golden age’ for alliance and cooperation on critical minerals

Both leaders signed the implementation of an agreement for the “golden age” of their nations’ alliance, a short affirmation of a framework under which the U.S. will tax goods imported from Japan at 15% while Japan creates a $550 billion fund of investments in the U.S.

Later, at a dinner at the U.S. embassy in Tokyo packed with CEOs including Apple’s Tim Cook, Trump reveled in the deals. Trump and Takaichi also signed an agreement to cooperate on critical minerals and rare earths.

Trump has focused his foreign policy toward Asia around tariffs and trade, but on Tuesday he also spoke aboard the USS George Washington, an aircraft carrier docked at an American naval base near Tokyo. The president brought Takaichi with him and she also spoke as Japan plans to increase its military spending.

The president talked about individual units on the aircraft carrier, his political opponents, national security and the U.S. economy, saying that Takaichi had told him that Toyota would be investing $10 billion in auto plants in America.

Trump arrived in Tokyo on Monday, meeting the emperor in a ceremonial visit after a brief trip to Kuala Lumpur, Malaysia, for the annual summit of the Association of Southeast Asian Nations.

Trump is scheduled to leave Japan on Wednesday for South Korea, which is hosting the Asia-Pacific Economic Cooperation summit. Trump plans to meet with South Korean President Lee Jae Myung.

On Thursday, Trump is expected to cap off his Asia trip with a highly anticipated meeting with Chinese leader Xi Jinping. There were signs that tensions between the U.S. and China were cooling off before the planned meeting in South Korea. Top negotiators from each country said a trade deal was coming together, which could prevent a potentially damaging confrontation between the world’s two largest economies.

Boak and Megerian write for the Associated Press. Megerian reported from Seoul, South Korea. Mayuko Ono and Mari Yamaguchi in Tokyo contributed to this report.

TOKYO — President Trump opened his visit to Japan on Monday with greetings from the emperor a day before he meets new Prime Minister Sanae Takaichi, who is banking on building a friendly personal relationship with the U.S. leader to ease trade tensions.

One key to this strategy might lie in an idea floated by Japan’s government to buy a fleet of Ford F-150 trucks, a meaningful gesture that may also be impractical given the narrow streets in Tokyo and other Japanese cities.

It’s an early diplomatic test for Takaichi, the first woman to lead Japan. She took office only last week, and has a tenuous coalition backing her.

Trump instantly bought into the idea of Ford trucks as he flew to Asia aboard Air Force One.

“She has good taste,” Trump told reporters. “That’s a hot truck.”

Japanese Emperor Naruhito welcomed Trump at the Imperial Palace after the president’s arrival, and the two spoke for about 30 minutes. Trump straightened his jacket as he stood next to Naruhito for photos before the two sat across a round table, with flowers in the middle, for their talks.

“A great man!” he said twice while pointing to the emperor. Trump last saw the emperor in 2019, soon after Naruhito ascended the Chrysanthemum Throne, becoming the first foreign dignitary invited to the palace.

Trump and Takaichi spoke over the phone while the president was mid-flight on Saturday. Takaichi stressed her status as a protege of the late Prime Minister Shinzo Abe, a favorite of Trump’s from his first term, and said she praised him for brokering the Gaza ceasefire that led to the return of hostages held by Hamas.

“I thought [Trump] is a very cheerful and fun person,” she said. “He well recognizes me and said he remembers me as a politician whom [former] Prime Minister Abe really cared about,” she said. “And I told the president that I extremely look forward to welcoming him in Tokyo.”

Trump spent Sunday in Malaysia, where he participated in a regional summit, and departed Monday morning for Japan. While on Air Force One on Monday, he said he planned to talk in Tokyo about the “great friendship” between the U.S. and Japan.

Resetting the trade relationship

Beneath the hospitality is the search for a strategy to navigate the increasingly complex trade relationship that Trump shook up earlier this year with tariffs.

Trump wants allies to buy more American goods and also make financial commitments to build factories and energy infrastructure in the U.S.

The meetings in Japan come before Trump’s sit-down with Chinese leader Xi Jinping on Thursday in South Korea.

Both the U.S. and Japan have sought to limit China’s manufacturing ambitions, as the emergence of Chinese electric vehicles, artificial intelligence and advanced computer chips could undermine the American and Japanese economies.

“In light of the planned meeting between Trump and Xi Jinping shortly afterward, Trump may also be considering how he might strengthen his hand by demonstrating the robustness of the U.S.-Japan relationship,” said Kristi Govella, Japan chair at the Center for Strategic and International Studies, a Washington think tank.

Japan’s previous administration agreed in September to invest $550 billion in the U.S., which led Trump to trim a threatened 25% tariff on Japanese goods to 15%. But Japan wants the investments to favor Japanese vendors and contractors.

Japan’s economy and trade minister, Ryosei Akazawa, has said his ministry is compiling a list of projects in computer chips and energy to try to meet the investment target.

“As far as I know, I’m hearing that there are a number of Japanese companies that are showing interest,” he told reporters Friday, though he did not give further details.

Ford trucks in Tokyo would be a powerful symbol

Japanese officials are looking at the possibility of buying more American soybeans, liquefied natural gas and autos. The U.S.-China trade conflict has shut American soybeans out of the Chinese market, leading China to seek more Brazilian supply. China reported no U.S. soybean imports in September, a first since November 2018.

For Trump, the prospect of Ford trucks in the skyscrapered streets of Tokyo would be a win. The administration has long complained that American vehicles were being shut out of a market that is the home of Toyota, Honda, Nissan, Isuzu, Mitsubishi and Subaru. In a September interview on CNBC, Commerce Secretary Howard Lutnick said Japan wouldn’t buy U.S.-branded vehicles because “Chevys” were popular with Japanese gangsters.

Takaichi may arrange for Ford F-150 trucks to be showcased in a place Trump gets to see them, Japan’s Nikkei newspaper reported. The government is considering importing the trucks for its transport ministry to use for inspecting roads and infrastructure, though there are concerns that the F-150 could cause congestion on narrow Japanese streets.

“We appreciate President Trump’s advocating for American made products,” Ford spokesperson Dave Tovar said. “We would be excited to introduce America’s best-selling truck to work and government customers in Japan.”

Japanese media have reported that Toyota Motor Corp. Chairman Akio Toyoda could announce plans to import his company’s American-made cars back to Japan during a dinner with Trump and other business leaders on Wednesday.

The gestures — combined with Takaichi’s connection to Abe — should help her deal with Trump, who seems predisposed to like her.

“I think she’s going to be great,” Trump said aboard Air Force One. “She’s a great friend of Mr. Abe, who was a great man.”

In 2016, Abe gave Trump a high-end golf club to celebrate his first election, and the leaders bonded over their love of golf. Trump often expresses sadness about Abe’s 2022 assassination.

But there are risks for Takaichi in emphasizing her ties to Abe, said Rintaro Nishimura, who specializes in Japan at the advisory firm The Asia Group.

“Because it’s Takaichi’s first diplomatic engagement I think she wants to start with sort of a bang,” Nishimura said. “Succeeding the Abe-line rhetoric is definitely going to be part of this engagement, although some also suggest that leaning too heavily on the Abe line might not exactly be good for her for creating her own kind of portfolio, her status as Japan’s leader.”

Following his meeting with Takaichi on Tuesday, Trump will give a speech aboard the USS George Washington aircraft carrier anchored in Japan, then hold a dinner with business leaders. Trump plans to leave for South Korea on Wednesday.

But aboard Air Force One on Monday, he told reporters that he was also ready to meet with North Korean leader Kim Jong Un, should that be an option.

“If he wants to meet, I’ll be in South Korea,” Trump said.

Boak and Yamaguchi write for the Associated Press. AP writer Chris Megerian contributed to this report from Kuala Lumpur, Malaysia.

Britain’s Cameron Norrie is “pumped” to face world number one Carlos Alcaraz in the second round of the Paris Masters after beating Sebastian Baez in straight sets.

The world number 31 beat Argentine Baez, ranked 12 places below him, 6-3 6-4 in a match which featured six breaks of serve.

Norrie won the opening three games before having his serve broken to 15 as Baez pulled it back to 3-3.

However, the 30-year-old regrouped to win the next three games, converting his second set point.

Norrie threatened to throw away a 3-0 lead again in the second set, saving a break point in the sixth game, and later saved four more in the 10th game before closing out the match at the first opportunity.

“I was really tight going to serve for the match. I said I was going to pretend it was 0-30 and then it was 0-30 and 0-40,” Norrie told Sky Sports.

“It was about getting the job done and it was nice to face some adversity. It was not a typical match. He fought well.”

Norrie will meet Alcaraz, who exited last year’s tournament in the third round, on Tuesday, with the Spaniard playing his first match on tour since beating Taylor Fritz in the Japan Open final at the end of September.

Alcaraz has won five of their seven meetings, most recently beating Norrie in straight sets in this year’s Wimbledon quarter-finals.

Norrie’s compatriot Jacob Fearnley is in first-round action later on Monday against 12th seed Andrey Rublev.

Reuters

Trump’s tariff tactics

TikTok deal done?

ABOARD AIR FORCE ONE — President Trump headed for Asia for the first time this term, a trip where he’s expected to work on investment deals and peace efforts before meeting face-to-face with Chinese President Xi Jinping to try to de-escalate a trade war.

“We have a lot to talk about with President Xi, and he has a lot to talk about with us,” Trump told reporters Friday night as he left the White House. “I think we’ll have a good meeting.”

The president was taking a long-haul flight that has him arriving in Malaysia on Sunday morning, the first stop of a three-country visit.

His trip comes as the U.S. government shutdown drags on. Many federal workers are set to miss their first full paycheck next week, there are flight disruptions as already-squeezed air traffic controllers work without pay, and states are confronting the possibility that federal food aid could dry up. As Republicans reject Democratic demands to maintain healthcare subsidies for many Americans, there’s no sign of a break in the impasse.

Some Democrats criticized the president for traveling abroad during the standoff.

“America is shut down and the President is skipping town,” Senate Democratic leader Chuck Schumer of New York said.

Trump’s first stop is at a regional summit in Kuala Lumpur, the Malaysian capital. He attended the annual Assn. of Southeast Asian Nations summit only once during his first term, but this year it comes as Malaysia and the U.S. have been working to address a military conflict between Thailand and Cambodia.

On Sunday, he’s scheduled to meet with Malaysian Prime Minister Anwar Ibrahim, followed by a joint signing ceremony with the prime ministers of Thailand and Cambodia.

Trump threatened earlier this year to withhold trade deals with the countries if they didn’t stop fighting, and his administration has since been working with Malaysia to nail down an expanded ceasefire.

The president credited Ibrahim with working to resolve the conflict.

“I told the leader of Malaysia, who is a very good man, I think I owe you a trip,” he told reporters aboard Air Force One.

Trump on Sunday may also have a significant meeting with Brazilian President Luiz Inácio Lula da Silva, who wants to see the U.S. cut a 40% tariff on Brazilian imports. Trump has justified the tariffs by citing Brazil’s criminal prosecution of his ally, former President Jair Bolsonaro, who was sentenced to 27 years in prison for plotting a coup.

Beyond trade, Lula on Friday also criticized the U.S. campaign of military strikes off the South American coast in the name of fighting drug trafficking. He said he planned to raise concerns with Trump at a meeting on Sunday in Malaysia. The White House has not yet confirmed the meeting is set to take place.

Stops in Japan and South Korea

From there, Trump heads to Japan and South Korea, where he’s expected to make progress on talks for at least $900 billion in investments for U.S. factories and other projects that those countries committed to in return for easing Trump’s planned tariff rates down to 15% from 25%.

The trip to Tokyo comes a week after Japan elected its first female prime minister, Sanae Takaichi. Trump is set to meet with Takaichi, who is a protege of late former Prime Minister Shinzo Abe. Trump was close to Abe, who was assassinated after leaving office.

Trump said Takaichi’s relationship with Abe was “a good sign” and “I look forward to meeting her.”

While there, Trump is expected to be hosted by Japanese Emperor Naruhito and meet with U.S. troops who are stationed in Japan, according to a senior U.S. official who was not authorized to speak publicly and spoke to reporters on condition of anonymity about the planned trip.

In South Korea, Trump is expected to hold a highly anticipated meeting with China’s Xi on the sidelines of the Asia Pacific Economic Cooperation summit.

The APEC summit is set to be held in Gyeongju, and the Trump-Xi meeting is expected to take place in the city of Busan, according to the U.S. official.

The meeting follows months of volatile moves in a trade war between China and the U.S. that have rattled the global economy.

Trump was infuriated this month after Beijing imposed new export controls on rare earths used in technology and threatened to hike retaliatory tariffs to sky-high levels. He has said he wants China to buy U.S. soybeans. But this week Trump was optimistic, predicting he would reach a “fantastic deal” with Xi.

The U.S. president also said he might ask Xi about freeing Jimmy Lai, a Hong Kong pro-democracy newspaper founder, saying that “it’ll be on my list.”

The only meeting that could possibly eclipse the Xi summit would be an impromptu reunion with North Korean leader Kim Jong Un. Speculation has been rife since South Korea’s Unification Minister Chung Dong-young told lawmakers this month it was possible that Trump could again meet with Kim in the demilitarized zone, as he did during his first term in 2019.

But such a meeting is not on the president’s schedule for this trip, according to the U.S. official.

Trump suggested it was hard to reach the North Korean leader.

“They have a lot of nuclear weapons, but not a lot of telephone service,” he said.

Price and Schiefelbein write for the Associated Press. Price reported from Washington and Schiefelbein from aboard Air Force One. AP writer Darlene Superville in Washington contributed to this report.

NATO Secretary-General Mark Rutte visits the US as Trump proposes freezing the battle lines in the Russia-Ukraine war.

US President Donald Trump has explained a decision to postpone plans for a meeting in Hungary with Russia’s President Vladimir Putin to discuss the Ukraine war, telling reporters he doesn’t want a ‘wasted meeting’.

WASHINGTON — President Trump and Australian Prime Minister Anthony Albanese signed a critical-minerals deal at the White House on Monday as the U.S. eyes the continent’s rich rare-earth resources at a time when China is imposing tougher rules on exporting its own critical minerals.

The two leaders described the agreement as an $8.5 billion deal between the allies. Trump said it had been negotiated over several months.

“Today’s agreement on critical minerals and rare earths is just taking” the U.S. and Australia’s relationship “to the next level,” Albanese added.

This month, Beijing announced that it will require foreign companies to get approval from the Chinese government to export magnets containing even trace amounts of rare-earth materials that originated from China or were produced with Chinese technology. Trump’s Republican administration says this gives China broad power over the global economy by controlling the tech supply chain.

“Australia is really, really going to be helpful in the effort to take the global economy and make it less risky, less exposed to the kind of rare-earth extortion that we’re seeing from the Chinese,” Kevin Hassett, the director of the White House’s National Economic Council, told reporters Monday morning before Trump’s meeting with Albanese.

Hassett noted that Australia has one of the best mining economies in the world, while praising its refiners and its abundance of rare-earth resources. Among the Australian officials accompanying Albanese are ministers overseeing resources and industry and science, and the continent has dozens of critical minerals sought by the U.S.

The prime minister’s visit comes just before Trump is planning to meet with Chinese President Xi Jinping in South Korea later this month.

The prime minister said ahead of his visit that the two leaders will have a chance to deepen their countries’ ties on trade and defense. Another expected topic of discussion is AUKUS, a security pact with Australia, the U.S. and the United Kingdom that was signed during President Biden’s administration.

Trump has not indicated publicly whether he would want to keep AUKUS intact, and the Pentagon is reviewing the agreement.

“Australia and the United States have stood shoulder-to-shoulder in every major conflict for over a century,” Albanese said before the meeting. “I look forward to a positive and constructive meeting with President Trump at the White House.”

The center-left Albanese was reelected in May and suggested shortly after his win that his party increased its majority by not modeling itself on Trumpism.

“Australians have chosen to face global challenges the Australian way, looking after each other while building for the future,” Albanese told supporters during his victory speech.

Kim and Madhani write for the Associated Press.

Oct. 17 (UPI) — King Charles III plans to visit Pope Leo XIV next week in the Vatican as the first reigning English monarch since 1534 to pray in a service with the pontiff.

Charles, along with his wife, Queen Camilla, will visit the Vatican on Wednesday and Thursday. They will appear with the pope during a service on Thursday at the Sistine Chapel, where a special seat has been created for Charles.

The chapel was dedicated on Aug. 15, 1483. Michelangelo painted the ceiling from 1508 to 1512.

Henry VIII split from the Vatican 22 years later.

Buckingham Palace on Sept. 26 announced the state visit to the Holy See for late October in the church’s 25th Jubilee Year to “celebrate the ecumenical work by the Church of England and the Catholic Church, reflecting the Jubilee year’s theme of walking together as ‘Pilgrims of Hope.'”

The royal couple had a private meeting with Pope Francis on April 9 in celebration of their 20th wedding anniversary. It took place at Casa Santa Marta hospital in Rome, 12 days before he died.

In 1961, Queen Elizabeth II was the first British monarch since the Reformation to visit the Holy See. Queen Elizabeth died on Sept. 8, 2022, and Charles became king.

“It marks a historic moment in the journey of reconciliation between our Churches,” Archbishop Flavio Pace said in a Vatican press briefing Friday. “It celebrates how far we’ve come — and offers hope for the future.”

This gathering will bring together members of the Roman Catholic Church and the Church of England, of which the king is the supreme governor.

“This will be the first state visit, since the Reformation, where the pope and the monarch will pray together in an ecumenical service in the Sistine Chapel, and the first time the monarch will have attended a service in St. Paul’s Outside the Walls, a church with an historic connection to the English crown,” a Buckingham spokesman told the Guardian.

They also will visit the adjacent Benedictine Abbey. This church, which contains the tomb of St. Paul, had been associated with the English monarchy dating to medieval and Anglo-Saxon rulers who helped with the upkeep.

King Charles will also be honored with the title of Royal Confrater, “recognizing the long-standing ties between the British Crown and the Benedictine abbey attached to the basilica,” Vatican News said.

During the service with the pope, there will be a hymn by Saint Ambrose of Milan sung in an English translation by Saint John Henry Newman, who was canonized in 2019. King Charles attended that event.

Music will be provided by the Sistine Chapel Choir, alongside choristers from the Chapel Royal at St. James’ Palace and the Choir of St George’s Chapel at Windsor Castle.

The king and queen will also meet Vatican officials.

The Vatican said the “two central themes of the Royal visit are Christian unity and care for the planet.”

The Roman Catholic Church has approximately 1.4 billion members with 20.4% in Europe, including 6.2 million baptized Roman Catholics in England and Wales, and 676,000 in Scotland.

The Church of England is the largest Christian denomination in Britain with 13.3 million followers. The church originated in the break from the Vatican and features Protestantism and Roman Catholicism.

WASHINGTON — President Trump is hosting Ukrainian President Volodymyr Zelensky for talks at the White House on Friday, with the U.S. leader signaling he’s not ready to agree to sell Kyiv a long-range missile system that the Ukrainians say they desperately need.

Zelensky arrived with top aides to discuss the latest developments with Trump over lunch, a day after the U.S. president and Russian President Vladimir Putin held a lengthy phone call to discuss the conflict.

At the start of the talks, Zelensky congratulated Trump over landing last week’s ceasefire and hostage deal in Gaza and said Trump now has “momentum” to stop the Russia-Ukraine conflict.

“President Trump now has a big chance to finish this war,” Zelensky added.

In recent days, Trump had shown an openness to selling Ukraine long-range Tomahawk cruise missiles, even as Putin warned that such a move would further strain the U.S.-Russian relationship.

But following Thursday’s call with Putin, Trump appeared to downplay the prospects of Ukraine getting the missiles, which have a range of about 995 miles.

“We need Tomahawks for the United States of America too,” Trump said. “We have a lot of them, but we need them. I mean we can’t deplete our country.”

Zelensky had been seeking the weapons, which would allow Ukrainian forces to strike deep into Russian territory and target key military sites, energy facilities and critical infrastructure. Zelensky has argued that the potential for such strikes would help compel Putin to take Trump’s calls for direct negotiations to end the war more seriously.

But Putin warned Trump during the call that supplying Kyiv with the Tomahawks “won’t change the situation on the battlefield, but would cause substantial damage to the relationship between our countries,” according to Yuri Ushakov, Putin’s foreign policy adviser.

Ukrainian Foreign Minister Andrii Sybiha said that talk of providing Tomahawks had already served a purpose by pushing Putin into talks. “The conclusion is that we need to continue with strong steps. Strength can truly create momentum for peace,” Sybiha said on the social platform X late Thursday.

Ukrainian officials have also indicated that Zelensky plans to appeal to Trump’s economic interests by aiming to discuss the possibility of energy deals with the U.S.

Zelensky is expected to offer to store American liquefied natural gas in Ukraine’s gas storage facilities, which would allow for an American presence in the European energy market.

He previewed the strategy on Thursday in meetings with Energy Secretary Chris Wright and the heads of American energy companies, leading him to post on X that it is important to restore Ukraine’s energy infrastructure after Russian attacks and expand “the presence of American businesses in Ukraine.”

It will be the fourth face-to-face meeting for Trump and Zelensky since the Republican returned to office in January, and their second in less than a month.

Trump announced following Thursday’s call with Putin that he would soon meet with the Russian leader in Budapest, Hungary, to discuss ways to end the war. The two also agreed that their senior aides, including Secretary of State Marco Rubio, would meet next week at an unspecified location.

Fresh off brokering a ceasefire and hostage agreement between Israel and Hamas, Trump has said finding an endgame to the war in Ukraine is now his top foreign policy priority and has expressed new confidence about the prospects of getting it done.

Ahead of his call with Putin, Trump had shown signs of increased frustration with the Russian leader.

Last month, he announced that he believed Ukraine could win back all territory lost to Russia, a dramatic shift from the U.S. leader’s repeated calls for Kyiv to make concessions to end the war.

Trump, going back to his 2024 campaign, insisted he would quickly end the war, but his peace efforts appeared to stall following a diplomatic blitz in August, when he held a summit with Putin in Alaska and a White House meeting with Zelensky and European allies.

Trump emerged from those meetings certain he was on track to arranging direct talks between Zelensky and Putin. But the Russian leader hasn’t shown any interest in meeting with Zelensky and Moscow has only intensified its bombardment of Ukraine.

Trump, for his part, offered a notably more neutral tone about Ukraine following what he described a “very productive” call with Putin.

He also hinted that negotiations between Putin and Zelensky might be have to be conducted indirectly.

“They don’t get along too well those two,” Trump said. “So we may do something where we’re separate. Separate but equal.”

Madhani writes for the Associated Press.

After last week’s worrisome Season 51 debut with Bad Bunny, it seemed like a 50/50 chance on whether the second episode of the season with guest host and beloved “Saturday Night Live” alum Amy Poehler would turn things around. Would the writing feel sharper and less obvious in the hands of a veteran sketch performer?

Poehler, host of the popular podcast “Good Hang,” made all the right moves and may have even overextended herself, appearing in almost every sketch, including the cold open and “Weekend Update” for a joke-off. You could (and should) give Poehler lots of credit for her boundless energy, which lifted weaker sketches, like one about a menopausal mom who goes goth and one where Poehler and Bowen Yang are the composers of the “Severance” opening theme (the joke is that their theme songs always start with a “Fresh Prince of Bel-Air”-like rap as their first draft).

But Poehler also benefited from much stronger sketch premises compared to last week’s, from a beautifully performed sketch about a TV psychic, Miss Lycus, who rushes everyone because she has a hard out at 7 p.m., to a spot-on parody of Netflix’s “The Hunting Wives,” with a guest appearance from Poehler’s “Parks & Recreation” co-star Aubrey Plaza. The writing afforded Poehler with big, broad characters, like a CEO giving birth during a meeting with her employees, the matriarch in a family of jerks called The Rudemans and an elderly lawyer who interrupts a TV commercial to one-up other lawyers on the basis of having the most experience.

Poehler also got a little help from some long-time friends and alums, including Tina Fey, appearing as Homeland Security Secretary Kristi Noem in the cold open, and Seth Meyers, returning to the “Weekend Update” desk with Poehler and Fey.

Maybe podcasting has allowed Poehler to store some stage energy to burst-fire on “SNL”; she put in a great performance for a solid episode overall.

Musical guests Role Model performed “Sally, When The Wine Runs Out,” with a surprise appearance from Charli XCX as Sally, and “Some Protector.” Before the close, “SNL” memorialized Diane Keaton, whose death was announced Saturday, in a title card. She never hosted “Saturday Night Live” but was portrayed on the show multiple times.

The cold open this week parodied Atty. Gen. Pam Bondi’s contentious meeting this week with the U.S. Senate Judiciary Committee. Poehler appeared as Bondi and responded to questions from Democratic senators with a series of withering insults she described as “roast-style burns I have on this piece of paper.” After mocking them and avoiding questions about the indictment of James Comey and the Jeffrey Epstein files, Bondi makes way for Noem (Fey, returning to “SNL” cold open politics), who joins in the mocking, telling one senator, “That makes me laugh more than the end of ‘Old Yeller.’ ” After being reminded that a dog gets shot at the end of that film, she responds, “Dogs don’t just get shot. Heroes shoot them.” While the first half of the cold open was shaky, with insults that weren’t landing despite Poehler’s forceful delivery, Fey’s appearance livened things up and ended strong with a call-and-response between Fey and Poehler that made fun of ICE recruitment ads. “Do you take supplements that you bought at a gas station?” Noem asked, “buckle up and slap on some Oakleys, big boy, and welcome to ICE!”

Poehler’s monologue was sweet, wistful and self-deprecating. “I found my first love here,” she said, “being famous.” She went on to describe her life now, saying, “I am a podcaster. If that’s not a recession indicator, I don’t know what is.” She also pointed out that this episode marked the actual 50-year anniversary of “SNL,” which first aired on Oct. 11, 1975. “Just like (host) George Carlin, I am extremely high,” she said. Poehler poked fun at AI actors who’ve been in the news and might want to take her job. “You’ll never be able to write a joke, and I am willing to do full frontal, but nobody’s asked me, OK?” she concluded defiantly.

Best sketch of the night: The thigh squeezes are bigger in Texas, too

It may be a little late to the party (the show came out in July), but this mock trailer for Netflix’s “The Hunting Wives” hits all the right notes with Poehler as frequently topless Margo and Chloe Fineman as Sophie (Malin Ackerman and Brittany Snow, respectively, on the series). The trailer promises that as the women get hornier and drunker, thighs will be squeezed and guns will be drawn. Aubrey Plaza appears as a new wife from California and soon she’s being caressed by all the other women in the cast as they make mimosas. A few great lines from this one: “It’s like ‘Call Me By Your Name’ for women who shop at Bass Pro Shop,” and “Don’t watch it on a plane.”

Also good: Don’t settle for just 100 years of legal experience

Pohler’s character in the Psychic Talk Show sketch was very funny, but the sketch about one-upping lawyers edges it out only because it goes to some extremely weird and dumb places for much longer than needed and incorporates what looked like the entire cast. What starts as a basic personal injury lawyer commercial explaining how the firm has 50 years of combined experience ends up including long-living turtles, Sarah Sherman as a vampire attorney named Dracu-Law, and an ageless tree, Yggdrasil (Yang), who once represented Zeus.

‘Weekend Update’ winner: Someday, that 13-pound baby is going to watch this

On a packed “Weekend Update,” Sherman debuted over-caffeinated Long Islander Rhonda LaCenzo, who rails against New York City mayoral candidate Zohran Mamdani. And Marcello Hernández and Jane Wickline returned as a seemingly mismatched couple discussing their Halloween plans. But it was an epic joke-off featuring past “Update” anchors Poehler, Fey and Meyers facing off against current ones Colin Jost and Michael Che to make fun of the birth of a nearly 13-pound baby born in Tennessee. “It was so big that he slapped the doctor on his ass!” Poehler began. Some of the better jokes: “The woman zipped around the room like a deflated balloon.” “Did she give birth or did it drive out?” “The baby’s name is AHHHHH!” Poehler rounded out the contest by declaring, “The record was for loosest vagina and the previous held… by me!”