"The closely-watched meeting in Busan, South Korea, lasted just 100 minutes, compared to the US president's anticipated three to four hours. Trump revealed few new specifics about the limited deal, which the White House announced earlier this week, to pause tariff hikes, defer rare earth export curbs and resume US soybean imports. Xi, meanwhile, was cited by the Chinese state-run Xinhua news agency as saying the two leaders had reached a "basic consensus" on economic and trade ties."
"Deborah Elms, head of trade policy at the Hinchrich Foundation trade think tank in Hong Kong, spoke of "an interesting outcome" to the talks, noting the lack of a prepared announcement at the end and no joint news conference. "I think there was insufficient clarity on both sides about what might be announced and concern over the potential for changes in commitments," Elms told DW."
A 100-minute meeting in Busan between US President Donald Trump and Chinese leader Xi Jinping produced a limited trade truce that paused tariff hikes, deferred rare-earth export curbs and resumed US soybean imports. Trump praised the talks as "amazing" while Beijing urged continued communication and cautioned against retaliation. The leaders reached what Xinhua described as a "basic consensus" on economic and trade ties and emphasized long-term cooperation. Observers noted the lack of a prepared joint announcement and no joint press conference. Financial markets reacted mutedly as investors awaited concrete implementation details and clarity on commitments.
Read at www.dw.com
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