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Trump Launches Asia Tour With Xi Summit Set as U.S.–China Teams Open Talks

The White House casts the trip as a push to secure investment commitments alongside critical‑minerals deals tied to tariff relief.

Overview

  • President Trump departed for Malaysia, Japan and South Korea, with a face‑to‑face with China’s Xi Jinping confirmed for October 30 in Busan.
  • U.S. and Chinese economic officials began preparatory talks in Kuala Lumpur to pave the way for the leaders’ meeting after tariff escalations and Beijing’s rare‑earth export curbs.
  • Officials say the administration is seeking large investment pledges — reported at roughly $900 billion — and critical‑minerals supply arrangements in exchange for easing tariff rates.
  • In Tokyo, Trump will meet newly installed Prime Minister Sanae Takaichi, with expected discussions on tighter defense cooperation and trade sweeteners including purchases of U.S. autos and soybeans.
  • At the ASEAN summit, Trump plans to preside over a ThailandCambodia ceasefire signing; speculation about a meeting with North Korea’s Kim Jong Un continues, though U.S. officials say it is not on the schedule.