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The much-anticipated Trump–Xi summit in Busan ended with mixed signals after just 100 minutes of talks. Despite no joint press conference or major breakthroughs, President Trump hailed the meeting as a “fantastic new beginning,” citing trade wins like reduced tariffs and China’s pledge to buy U.S. soybeans and curb fentanyl production. Beijing also agreed to maintain rare earth exports under a new one-year deal. Yet, the absence of discussions on Taiwan leaves analysts calling the meeting a diplomatic damp squib.

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Transcript
00:00Music
00:12Music
00:16I think it's nice to see you again, if you think about it, we have a very, very distinguished
00:39perspective of China, and we will be having a few years on this session.
00:46I really agree with that.
00:48It's a great experience.
00:49It's a great experience.
00:51You and I, and you have a great experience.
00:55You should know about the place.
00:58I'm a great experience.
01:00I'm a great experience.
01:02I'm a great experience.
01:04I'm a great experience.
01:06Thank you very much.
01:13I thought it was an amazing meeting.
01:16He's a great leader, a leader of a very powerful, very strong country, China.
01:23And we, what can I say?
01:27We have, it was an outstanding group of decisions, I think, that was made.
01:34A lot of decisions were made.
01:36There wasn't too much left out there.
01:39There wasn't too much pornography.
01:40There wasn't too much of ainks to control over the years.
01:44When the time of being разбitares, you know people in Wales are not getting declared to
01:46be realized.
01:47There wasn't too important, but down to all women.
01:49Many people, as you know people are not getting registered in Wales.
01:52I've agreed as you know, I put in 2018 as you know.
01:53I've agreed.
01:54I put in 2018 as again on my bureau.
01:55There's 25 seconds, which is gonna be a firefighter.
01:56But, you know, today's what's the father's first-year extraordinaire.
01:58Ivan Dussrusp.
01:59You know, we're still on our court orders depending on our country,
02:00the wholeerta on country but it's on the street that all for almost no need
02:01to know.
02:02Сер ahead.
02:03Here, and we won its noblown 7th.
02:04I've agreed, as you know, I put a 20% tariff on China because of the fentanyl coming in,
02:13which is a big tariff.
02:16And based on his statements today, I reduced it by 10%,
02:19so it's 10% instead of 20% effective immediately.
02:24I believe he's going to work very hard to stop the death that's coming in.
02:31But again, it's complex because of what fentanyl is, what the precursors do.
02:39So I think you're going to see a big difference.
02:42We've had discussions on many of the elements that you're talking about all the time here.
02:49You're asking me questions, and most of those things were, I think, agreed to for the most part.
02:59I think we agreed to almost everything in a very acceptable way.
03:16What about the Taiwan issue, sir?
03:18It never came up. Taiwan never came up. It's not discussed, actually.
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