Soybeans, Rare Earths, Fentanyl: 9 Takeaways From Trump’s Meeting With Xi

Traditionally a top importer of American soybeans, China had not made any purchases from the United States this harvest season.

U.S. President Donald Trump and Chinese Leader Xi Jinping shake hands as they depart following a bilateral meeting at Gimhae Air Base in Busan, South Korea, on Oct. 30, 2025. Andrew Harnik/Getty Images

U.S. President Donald Trump and Chinese leader Xi Jinping met for roughly 100 minutes on the sidelines of the Asia-Pacific Economic Cooperation (APEC) summit on Oct. 30 in Busan, South Korea.

“We agreed on many things, with others, even of high importance, being very close to resolved,” Trump said in a social media post after the talks with Xi.