Washington: U.S. President Donald Trump is scheduled to meet Chinese President Xi Jinping in South Korea later this month, signaling a potential thaw in rising trade tensions between the world’s two largest economies. The high-profile encounter is set to take place during the Asia-Pacific Economic Cooperation (APEC) summit in Gyeongju on October 31 and November 1, marking the first face-to-face meeting between the leaders since Trump’s return to office.

The backdrop of this summit involves a series of recent trade confrontations. China had expanded export controls on rare earth elements, materials crucial for a wide range of technological applications. In retaliation, President Trump threatened to impose a sweeping 100% tariff on Chinese imports, a move that sent immediate shockwaves th

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