Trump announces meeting with Xi in South Korea
U.S. President Donald Trump confirmed on Friday that he will meet with Chinese President Xi Jinping in South Korea "in a couple of weeks," coinciding with the upcoming Asia-Pacific Economic Cooperation (APEC) summit, set to begin later this month.
Trump made the remarks during a meeting with Ukrainian President Volodymyr Zelensky at the White House, as trade tensions between the two superpowers have heightened following Beijing's move to tighten export controls on rare earths -- essential components for the production of various military and commercial products, News.Az reports citing foreign media.
"China wants to talk, and we like talking to China," he said. "So we have a very good relationship, and we are going to be meeting in South Korea (in) a couple of weeks."
Touting his tariff policy, Trump claimed that the U.S. is "in a very strong" position ahead of the anticipated meeting in Korea.
Asked if his meeting with Xi could lead to a trade deal, Trump said, "(There) could be."
"They want to talk, and we're talking, and I think we will make a deal that will be good for both," he said. "I think we will do something," he said.
Last Friday, Trump denounced China's export control move and threatened to call off the planned meeting with Xi. He also announced plans to impose an additional 100 percent tariff on Chinese goods, starting Nov. 1, and implement export controls on all critical software on the same day.
Touching on the tariff plan, Trump said that he could "move it up" if he wants, and that China does not want that tariff to be implemented.
Trump also mentioned South Korea, Japan and the European Union, stressing, "All we want to do is to be treated fairly."
"But the fairly is hundreds of billions and even trillions of dollars coming into the United States, and our national security is secure because of tariffs. If we didn't have tariffs, we would have no national security. So it's very important."
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