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naling a major thaw in tensions between the world’s two largest economies. The high-stakes talks, held in South Korea, delivered unexpected progress: a temporary truce on trade, China’s suspension of rare-earth export controls, and a commitment to resume large-scale purchases of US soybeans.

Trump called the meeting “amazing,” while Beijing described it as a “good start,” confirming both sides have agreed to work toward resolving long-standing tariff disputes. Although no formal deal was signed, officials say this is the closest the two countries have come to a breakthrough in years.

The talks also touched on fentanyl precursor exports, US tech restrictions, Nvidia’s chip sales to China, and new diplomatic engagement — including a potential Trump trip to Beijing in April.


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00:00The trip was fantastic. We took in over $3 trillion, really in profit, if you want to get rid of the other.
00:08As soon as we see that, we'll get rid of the other 10%.
00:11Other than that, we haven't cut the tariffs at all with China, in terms of soybeans, in terms of other things.
00:19We have numbers coming to our farmers that the farmers have never seen before from China.
00:24So the trip was fantastic. We took in over $3 trillion, really in profit, if you want to define it that way.
00:33You see, the farmers are very happy. I think it's 25 million tons, but it's numbers that they've never seen before, in terms of soybeans, in terms of other things.
00:47We have numbers coming to our farmers that the farmers have never seen before from China.
00:52Our farmers are very happy. I suggest that they go out and buy larger tractors and more land.
00:59Okay? We want larger tractors and more land, because nobody's ever seen anything like it.
01:05I've given China great incentives to hold down the fentanyl, get rid of it, ideally.
01:11You know, a lot of people don't know it's used as anesthesia.
01:14It's used as a lot of good things happen, but unfortunately, when it's developed a certain way, a lot of bad things happen.
01:22Because a lot of people would say, well, why is it made?
01:24I mean, it's made for a lot of good purposes, but it also has some very bad purposes when you design it a certain way, and people can take it and design it.
01:31So China's working very hard on that, and I really believe that, and they have an incentive.
01:36I'd love to get rid of the extra 10%.
01:38I put a 20% penalty on, had a great conversation about it with President Xi yesterday, and I'd love to get rid of the other.
01:47As soon as we see that, we'll get rid of the other 10%.
01:50Other than that, we haven't cut the tariffs at all with China.
01:53But we're going to have a great relationship with them, I think, for a long period of time.
01:58We have a smart president, we'll have a great relationship.
02:00We don't have a smart president, which is also a very strong possibility, then we won't have a great relationship.
02:07But China is, the media with China was incredible.
02:11So the trip was fantastic.
02:13We took in over $3 trillion, really in profit, if you want to define it that way.
02:19You see, the farmers are very happy.
02:21I think it's 25 million tons, but it's numbers that they've never seen before, in terms of soybeans, in terms of other things.
02:33We have numbers coming to our farmers that the farmers have never seen before from China.
02:39Our farmers are very happy.
02:40I suggest that they go out and buy larger tractors and more land, okay?
02:46We want larger tractors and more land, because nobody's ever seen anything like it.
02:51I've given China great incentives to hold down the fentanyl, get rid of it, ideally.
02:57You know, a lot of people don't know it's used as an anesthesia, it's used as a lot of good things happen.
03:03But unfortunately, when it's developed a certain way, a lot of bad things happen.
03:07Because a lot of people would say, well, why is it made?
03:10I mean, it's made for a lot of good purposes, but it also has some very bad purposes when you design it a certain way, and people can take it and design it.
03:18So China's working very hard on that.
03:20I really believe that.
03:21And they have an incentive.
03:22I'd love to get rid of the extra 10%.
03:25I put a 20% penalty on, had a great conversation about it with President Xi yesterday.
03:31And I'd love to get rid of the other, as soon as we see that, we'll get rid of the other 10%.
03:36Other than that, we haven't cut the tariffs at all with China.
03:41But we're going to have a great relationship with them, I think, for a long period of time.
03:44We have a smart president, we'll have a great relationship.
03:47If we don't have a smart president, which is also a very strong possibility, then we won't have a great relationship.
03:53But China is, the media with China is incredible.
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