At the APEC CEO Summit in Gyeongju, South Korea, President Trump conveyed his expectations of finalizing a substantial trade deal with Chinese President Xi Jinping. This meeting marks their first face-to-face encounter since the onset of Trump's second trade war with China. Trump highlighted that the anticipated agreement could resolve numerous issues, including the reduction of tariffs on Chinese imports in return for China's action against fentanyl production. Additionally, he noted that the deal might involve deferring China's planned export controls on rare earth minerals and increasing purchases of U.S. agricultural products. Trump also mentioned his intention to conclude a trade agreement with South Korea shortly, amidst ongoing negotiations over a significant investment package. He praised the expansion of the Hanwha Philly Shipyard, indicating confidence in its future success.