President Donald Trump met face-to-face with Chinese leader Xi Jinping on Thursday, the final day of Trump’s trip to Asia in an opportunity for the leaders of the world’s two largest economies to stabilize relations after months of turmoil over trade issues.

Trump’s aggressive use of tariffs since returning to the White House for a second term combined with China’s retaliatory limits on exports of rare earth elements have given the meeting newfound urgency. There is a mutual recognition that neither side wants to risk blowing up the world economy in ways that could jeopardize their own country’s fortunes.

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