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Trump Aims To Clinch Deal With China’s Xi During Asia Trip

Trump Aims To Clinch Deal With China’s Xi During Asia Trip

<p><&excl;-- BEGIN THEIA POST SLIDER --><&sol;p>&NewLine;<p> <br &sol;>&NewLine;<&sol;p>&NewLine;<div style&equals;"position&colon;relative">&NewLine;<p>U&period;S&period; President Donald Trump will test his deal-making capabilities on a trip next week to Asia&comma; a region battered by his hardball trade policies&comma; while doubts hang over his highly anticipated meeting with China’s Xi Jinping&period;<&sol;p>&NewLine;<p>Trump&comma; who leaves Washington on Friday night&comma; is set for a five-day trip spanning Malaysia&comma; Japan and South Korea&comma; his first to the region and his longest journey abroad since taking office in January&period;<&sol;p>&NewLine;<p>The Republican leader hopes to pile up trade&comma; critical mineral and ceasefire deals before turning to the toughest challenge&comma; a face-to-face with Xi on Thursday in South Korea&period;<&sol;p>&NewLine;<p>Trump is also working to maintain the signature foreign policy achievement of his second term&comma; a ceasefire he helped to strike in the Israel-Gaza conflict&comma; while the Russian war in Ukraine rages and a trade war with China shows little sign of ending&period;<&sol;p>&NewLine;<p>Washington and Beijing have hiked tariffs on each other’s exports and threatened to cut off trade in critical minerals and technologies altogether&period;<&sol;p>&NewLine;<p>The trip was formally announced by the White House on Thursday&period; Details remain in flux&comma; including the meeting between leaders of the world’s two largest economies&period;<&sol;p>&NewLine;<p>Neither side expects a breakthrough that would restore terms of trade that existed before Trump’s second-term inauguration in January&comma; according to a person familiar with the conversations&period; Instead&comma; talks between the two sides to prepare for the meeting focused on managing disagreements and modest improvements&period;<&sol;p>&NewLine;<p>An interim agreement could include limited relief on tariffs&comma; an extension of current rates&comma; or China committing to buy U&period;S&period;-made soybeans and Boeing airplanes&period; Beijing reneged on similar promises in a 2020 deal with Trump&period;<&sol;p>&NewLine;<p>Washington could let more high-end computer chips flow to Beijing&comma; which in turn could loosen controls on rare earth magnets that have angered Trump&period;<&sol;p>&NewLine;<p>On Wednesday&comma; U&period;S&period; Treasury Secretary Scott Bessent said the Trump-Xi talk would be a &OpenCurlyDoubleQuote;pull-aside&comma;” suggesting nothing formal&period; Trump later told reporters the two would have &OpenCurlyDoubleQuote;a pretty long meeting&comma;” allowing them to &OpenCurlyDoubleQuote;work out a lot of our questions and our doubts and our tremendous assets together&period;”<&sol;p>&NewLine;<p>China has not confirmed a meeting is planned&period;<&sol;p>&NewLine;<p><strong>Join us now during our exclusive Deal of the Decade&period; Get everything for &dollar;7 a month&period; Not as fans&period; As fighters&period; Go to <a href&equals;"https&colon;&sol;&sol;get&period;dailywire&period;com&sol;subscribe&sol;plus&sol;" target&equals;"&lowbar;blank" rel&equals;"noopener">DailyWire&period;com&sol;Subscribe<&sol;a> to join now&period;<&sol;strong><&sol;p>&NewLine;<p>Mira Rapp-Hooper&comma; a visiting fellow at the Brookings Institution and former Biden administration official&comma; said Trump’s Asia policy has been defined by intense pressure on countries’ trade policies and defense spending&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;The high-level question on this trip is really&comma; who does the United States stand with&comma; and what does it stand for&comma;” she said&period;<&sol;p>&NewLine;<p>Trump is expected at the Association of Southeast Asian Nations summit&comma; which starts Sunday in Kuala Lumpur&comma; Malaysia&period;<&sol;p>&NewLine;<p>There&comma; he could oversee the signing of a ceasefire deal between Thailand and Cambodia&period; The deal would formalize an agreement that ended the worst fighting in years between the two countries in July&comma; though it falls short of a comprehensive peace deal&period; During his second term in office&comma; Trump has branded himself as a global peacemaker&period;<&sol;p>&NewLine;<p>After that stop&comma; Trump will head to Japan to meet Sanae Takaichi&comma; the newly elected prime minister&period; Takaichi is expected to affirm plans by her predecessor to hike military spending and to make &dollar;550 billion in Trump-directed investments in the U&period;S&period;<&sol;p>&NewLine;<p>Then&comma; in Busan&comma; South Korea&comma; Trump plans to meet Xi ahead of an international trade summit&period; Trump is set to return to Washington before the Asia-Pacific Economic Cooperation leaders’ forum gets under way&comma; according to the schedule announced by the White House on Thursday&period;<&sol;p>&NewLine;<p>Trump has threatened to raise tariffs on Chinese imports to a total of some 155&percnt; from November 1 if they cannot strike a deal&period; That would almost certainly provoke a reaction from Beijing and end a truce that paused tit-for-tat hikes&period;<&sol;p>&NewLine;<p>Beyond trade&comma; the two leaders are expected to discuss Taiwan&comma; a long-running U&period;S&period;-China irritant&comma; and Russia&comma; a Chinese ally now subject to expanded U&period;S&period; sanctions over the war in Ukraine&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;There’s no intent from the U&period;S&period; side to discuss other issues&comma;” aside from China’s trade&comma; export controls and its purchases of Russian oil&comma; according to a U&period;S&period; official&comma; who said Trump would be prepared to reiterate previous responses if Xi raised other topics&period;<&sol;p>&NewLine;<p>Trump is also trying to close trade deals with Malaysia and India&comma; while shoring up a deal that has already been struck with South Korea&period;<&sol;p>&NewLine;<p>U&period;S&period; and South Korean relations have been strained by Seoul’s concerns over the &dollar;350 billion investment in U&period;S&period; companies sought by Trump and deportations of the country’s foreign workers&period;<&sol;p>&NewLine;<p>South Korean President Lee Jae Myung wants Trump to pursue peace with North Korea’s Kim Jong Un&period; U&period;S&period; officials considered&comma; but never confirmed&comma; a trip to the demilitarized zone &lpar;DMZ&rpar; separating the two Koreas&comma; according to another person familiar with the discussions&period; Another U&period;S&period; official said on Friday that no Kim-Trump meeting was on the schedule for the trip&period;<&sol;p>&NewLine;<p>&lpar;Reporting by Trevor Hunnicutt&semi; Editing by Colleen Jenkins&comma; Lincoln Feast and Edmund Klamann&rpar;<&sol;p>&NewLine;<&sol;div>&NewLine;<p><br &sol;>&NewLine;<br &sol;><a href&equals;"https&colon;&sol;&sol;www&period;dailywire&period;com&sol;news&sol;trump-aims-to-clinch-deal-with-chinas-xi-during-asia-trip">Source link <&sol;a><&sol;p>&NewLine;<p><&excl;-- END THEIA POST SLIDER --><&sol;p>&NewLine;

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