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- APEC summit scheduled for October 30 to November 1.
- US and China aim to resolve ongoing tariff disputes.
- Latest high-level talks occurred in July.
President Donald Trump may travel to China ahead of the Asia-Pacific Economic Cooperation (APEC) summit from October 30 to November 1, or he could meet with Chinese President Xi Jinping during the summit in South Korea, according to reports from the South China Morning Post citing various sources.
Efforts to negotiate an end to the escalating trade dispute between the two nations continue, as the ongoing tariff war has significantly disrupted global trade and supply chains.
While discussions are underway about a potential meeting between the two leaders this year, a specific date and location have yet to be confirmed, as per a source familiar with the situation.
Trump has aimed to impose tariffs on nearly all foreign goods entering the US, which he argues will boost domestic production. Critics, however, contend that this policy will lead to increased prices for American consumers.
The president has called for a baseline tariff rate of 10% on imports from all countries, proposing higher rates for specific nations deemed problematic, with China facing the steepest tariffs at 55%.
Trump has set a deadline of August 12 for the US and China to achieve a lasting agreement on tariffs.
A representative for Trump declined to comment on the rumored plans for a meeting with Xi this fall.
The last significant meeting between the two nations occurred on July 11, during which US Secretary of State Marco Rubio and Chinese Foreign Minister Wang Yi engaged in what both described as constructive discussions in Malaysia on the future of trade negotiations.
Rubio mentioned that Trump had been invited to China to meet with Xi, stating, “Both leaders want it to happen.”
Recently, China’s Commerce Minister Wang Wentao expressed a desire to stabilize trade relations with the US, indicating that discussions in Europe suggested a tariff war was unwarranted.