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The United States and China have agreed to a framework ahead of President Donald Trump and Chinese leader Xi Jinping meeting.

Trump is set to meet Xi in South Korea on Thursday.

Trump has also expressed confidence that an agreement was at hand, saying the Chinese "want to make a deal and we want to make a deal.”

The United States and China have agreed to a framework ahead of President Donald Trump and Chinese leader Xi Jinping meeting later this week. A trade deal between the United States and China is drawing closer, officials from the world's two largest economies said on Sunday.

The US treasury secretary Scott Bessent told CBS that the deal included a "final deal" on TikTok's US operations and a deferral on China's tightened rare earth minerals controls.

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