U .S. President Donald Trump and Chinese President Xi Jinping are set to meet in South Korea on Thursday (October 30, 2025), on the sidelines of the Asia Pacific Economic Cooperation summit, to hold talks on dialling down their hugely damaging trade war.

Mr. Trump said on Wednesday (October 29, 2025) that he expected a “lot of problems” to be solved with Mr. Xi. The U.S. leader said he expected their first face-to-face talks of his second term to result in the United States lowering tariffs imposed on China in relation to fentanyl.

Read more: Trump expects ‘great meeting’ with Xi in South Korea

Chinese stocks will be in the spotlight ahead of the meeting, with investors cautiously optimistic of a trade war truce that may help sustain the bullish sentiment.

The latest tit-for-tat esca

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