US President Donald Trump believes a summit with Chinese leader Xi Jinping will yield a "great deal" for both nations. The expected trade agreement has been a long time coming, with the two leaders last meeting face-to-face in 2019.
Trump's optimism stems from a speech given to business leaders on the sidelines of an Asia-Pacific Economic Cooperation summit in South Korea. He described the trade deal as "something very exciting for everybody" and claimed it would be better than engaging in "fighting and going through all sorts of problems."
Details about the anticipated agreement remain scarce, but Trump hinted that it will address issues such as tariffs on Chinese goods and Beijing's failure to crack down on fentanyl production. The deal may include China taking steps to curb fentanyl production and deferring planned export controls on rare earth minerals.
Trump also expressed confidence in finalizing a trade agreement with South Korea "very soon." However, negotiations between the two countries have been stalled over the specifics of a $350 billion investment package that Seoul has pledged in exchange for reduced tariffs.
Trump's optimism stems from a speech given to business leaders on the sidelines of an Asia-Pacific Economic Cooperation summit in South Korea. He described the trade deal as "something very exciting for everybody" and claimed it would be better than engaging in "fighting and going through all sorts of problems."
Details about the anticipated agreement remain scarce, but Trump hinted that it will address issues such as tariffs on Chinese goods and Beijing's failure to crack down on fentanyl production. The deal may include China taking steps to curb fentanyl production and deferring planned export controls on rare earth minerals.
Trump also expressed confidence in finalizing a trade agreement with South Korea "very soon." However, negotiations between the two countries have been stalled over the specifics of a $350 billion investment package that Seoul has pledged in exchange for reduced tariffs.
. I mean, Trump is saying some pretty positive things about it, but we've heard that before and nothing ever seems to happen. The fentanyl thing is a big concern for me - we can't just ignore the fact that China hasn't been doing enough to stop production. And $350 billion from South Korea? That's a lot of money 
. I'm not sure if Trump is being realistic about how much that's gonna get us. Maybe he's just trying to get something done before election time 
. But what if it doesn't work out? What then? 
and what about the people who are actually affected by these issues, not just some high-level business leaders? shouldn't we be focusing on solutions that help the everyday person, not just trying to get a good deal for the US economy 
they're always about who's gonna give in on what... and now he's like "oh it'll be great" 
i mean, sure it'll be better than fighting, but still... tariffs, fentanyl, rare earth minerals... these are serious issues 
and south korea is all like "we need that investment package or we're outta here" 
good luck with that trump 
. what's the actual plan here? how do we know china's gonna take steps to curb fentanyl production when trump says so? 
need some real sources on this one, not just trump's word.
. The fact that they only last met face-to-face 6 years ago is a bit concerning...like what's changed since then? 
And what about the specifics of this $350 billion investment package? I don't trust a word Trump says when it comes to trade deals 
, but hey, you can't blame him for trying 
. But let's be real, this deal has been in the works for ages 
! The fentanyl thing is a major concern tho - I just hope they can make some progress on that 
. And btw, what's up with the South Korea investment package? $350 billion sounds like a small price to pay for reduced tariffs 
! Trump's all smiles and rainbows about some trade deal with China? Please, we all know he's just trying to get re-elected by making promises he can't keep. And now he thinks it's gonna magically fix everything from fentanyl production to rare earth minerals? Give me a break 
... and I'm not buying it 
. I mean, how can he be so optimistic after years of failed negotiations? It's probably just a PR stunt to make him look like a hero again 
. And don't even get me started on South Korea – they're not exactly known for being reliable when it comes to keeping their promises 
. Still, I guess we'll just have to wait and see how this all plays out 
and if it leads to a trade deal, I think we can all breathe a sigh of relief 
. I mean, who doesn't want lower tariffs on Chinese goods? It's like, the ultimate win-win 
. And the thought of rare earth minerals being decontrolled? Game-changer 
. I'm not gonna lie, though... I'm also a bit curious about how this whole thing will play out. Will we see some concrete numbers on that $350 billion investment package? Time'll tell 
!
I'm so hyped about this summit thingy! Trump's all about it and I'm like yay, more trade agreement 
The fentanyl thing is super important too, we can't just let that stuff spread around the world 
. And let's be real, it's about time China starts taking steps to curb that production 
.
! I know negotiations can get tough but Trump seems confident, so fingers crossed he gets it done soon 
.
.
. I think we should take a step back and wait for some concrete details before getting too excited 
. Maybe it'll happen, maybe it won't... but until then, let's keep our expectations in check