The fate of the global economy hangs in the balance as President Donald Trump and Chinese President Xi Jinping prepare to meet for their first face-to-face talks in six years. The two are set to meet late Wednesday night Eastern Time, Thursday morning local time in Busan, South Korea. Trump said the meeting could last three to four hours. After negotiations in Malaysia, Treasury Secretary Scott Bessent said U.S. and Chinese officials agreed to a framework around trade talks. But ultimately, it's up to the two leaders to finalize the deal. Even if truces are made and deadlines extended, experts say any breakthrough will only offer temporary relief: short-term adjustments rather than structural change to one of the world’s most consequential relationships. Weeks ago, China announced it would
Trump-Xi meeting: Fate of global economy hangs in the balance
ABC News3 hrs ago
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