As U.S. President Donald Trump and China's leader Xi Jinping prepare to kick off talks on Thursday, U.S. negotiators have signaled they seek a return to a fragile trade war truce, but tensions remain high and longer-term economic irritants will likely persist between the geopolitical rivals. Trump has repeatedly expressed optimism…

U.S. President Donald Trump said on Thursday he had agreed with President Xi Jinping to trim tariffs on China in exchange for Beijing cracking down on the illicit fentanyl trade, resuming U.S. soybean purchases and keeping rare earths exports flowing. Trump's face-to-face talks with Xi in the South Korean city…

While the most important meeting of US President Donald Trump's four-day Asia tour ended with no formal press briefing and no formal deal signing, he insisted that it was "very successful".

BUSAN, South Korea >> President Donald Trump said on Thursday that he had agreed to reduce tariffs on China to 47% in exchange for Beijing resuming U.S. soybean purchases, keeping rare earths exports flowing and cracking down on the illicit trade of fentanyl.

US President Donald Trump returned to Washington on Thursday after a high-stakes face-to-face meeting with Chinese President Xi Jinping, calling the talks “a success” and announcing new steps to ease trade tensions between the world’s two largest economies.

: US President did discuss chip exports with his counterpart, but made no breakthroughs

The confirmation of a Trump-Xi meeting signaled an intent to de-escalate tensions and put negotiations back on track, analysts said.

Talks between Donald Trump and Xi Jinping yielded a deal on China’s supply of rare earths, materials that are essential for sophisticated electronic components.

At the APEC Summit in Busan, Presidents Trump and Xi met for the first time in six years, seeking to de-escalate U.S.-China tensions.