US President Donald Trump said his meeting with Chinese President Xi Jinping was a "great success," while his Chinese counterpart announced they had reached a "consensus" on trade issues.
Following their meeting in South Korea on Thursday morning (October 30, 2025), Trump announced aboard Air Force One that he would travel to China in April, while the Chinese president would visit him in the United States "at a later date."
He affirmed that they had "accomplished a great deal" during Thursday's talks in Busan, South Korea, praising Xi Jinping as "a great leader of a very powerful country."
He revealed that China would immediately purchase "tremendous quantities" of soybeans and other agricultural products from the United States.
China is a major market for American soybean farmers, but it had previously suspended imports from them due to trade tensions between the two countries.
In contrast, Trump announced his agreement to reduce the tariffs he imposed on China over its handling of the fentanyl crisis to 10%, following talks with his counterpart Xi Jinping in South Korea.
Chinese President: Agreement Reached on Trade Issues
For his part, the Chinese president announced that his country had reached a "consensus" with the United States on economic and trade issues, according to the Xinhua News Agency.
Xi said that the two countries' trade and economic teams exchanged views "in depth" on important economic and trade issues and reached a consensus on their resolution.
He added that the two teams "will work to improve and complete follow-up work as soon as possible, maintain and implement the consensus, and deliver tangible results to ease concerns regarding the economies of China, the United States, and the world."
Signs of a trade breakthrough between Washington and Beijing after the Trump-Xi Jinping meeting
