00:00U.S. President Donald Trump and Chinese President Xi Jinping met Thursday morning at an airbase
00:06at the edge of this airport in Busan, South Korea.
00:09It's a moment the world has been anticipating for weeks.
00:13Leaders of the world's two largest economies face-to-face for the first time since Trump's first term.
00:19As the meeting began, Trump said he was hopeful progress would be made
00:23in easing what has been a turbulent time for U.S.-China relations.
00:27We will be having some discussions.
00:30I think we've already agreed to a lot of things and we'll agree to some more right now.
00:36And Xi seemed to play down ongoing tensions between the two countries,
00:40saying it's normal for two leading economies to have friction sometimes
00:44and expressing hope that they could work together.
00:46And in the face of winds, waves and challenges,
00:50you and I, at the helm of China-U.S. relations, should stay the right course
00:56and ensure the steady sailing forward of the giant ship of China-U.S. relations.
01:02Observers are looking at some key points in this meeting,
01:05potentially to lower tariffs and work through trade deals.
01:09China recently tightened export controls on rare earth minerals,
01:13with the U.S. threatening 100% tariffs on Chinese goods.
01:17A potential plan to keep social media app TikTok running in the U.S.
01:21could also be on the agenda.
01:23We're still waiting to hear the details.
01:24Now, this meeting is happening in Busan, not Gyeongju,
01:29where the APEC summit is happening.
01:31It's a relatively quiet location, reportedly chosen for security concerns.
01:35Despite that, there were some protesters here outside the airport
01:39before the meeting began.
01:41Xi Jinping, go!
01:44Xi Jinping, go!
01:46Later, they started approaching people welcoming the Chinese president
01:49and were taken away by police.
01:51Trump and Xi have now left,
01:59with the U.S. president heading back to Washington, D.C.,
02:02and the Chinese president continuing on to attend the APEC forum.
02:06But more details are likely to emerge about this meeting throughout Thursday,
02:10and all eyes will be on what the impact could be.
02:13Justin Wu and Katyn's Karanta in Busan, South Korea for Taiwan Plus.
02:17Thank you, house.
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