U.S. officials anticipate a "very productive" meeting between President Donald Trump and Chinese President Xi Jinping later this week.
Trump is currently on a five-day Asian tour, which includes a bilateral meeting with Xi in South Korea.
The meeting aims to ease tensions in the trade war between the two countries, after Trump threatened new tariffs on Chinese goods.
I believe that we have the framework for the two leaders to have a very productive meeting for both sides.
U.S. Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer expressed similar sentiments, with Greer stating that! negotiators are "getting to a spot where the leaders will have a very productive meeting."
Author's summary: Trump and Xi to meet amidst trade tensions.