Top trade negotiators for the US and China said they came to terms on a range of contentious points, setting the table for leaders Donald Trump and Xi Jinping to finalize a deal and ease trade tensions that have rattled global markets.

President Donald Trump faces one of the toughest challenges of his second term when he meets Chinese President Xi Jinping in South Korea on Thursday, where the world's two largest economies will seek to avert an escalation of their trade war.

The U.S. and Chinese officials said that in addition to rare earths, they discussed trade expansion, the U.S. fentanyl crisis, U.S. port entrance fees and the transfer of TikTok to U.S. ownership control.

President Trump met with the emir and prime minister of Qatar Saturday aboard Air Force One during a refueling stop.

Reasons for pessimism are clear. Time and again, Trump has ripped up negotiations on a whim—most recently ending trade talks and hiking import levies on Canada by 10% in response to an anti-tariff ad published by the government of Ontario.

Trump is scheduled to meet Xi on the sidelines of the Asia-Pacific Economic Cooperation (APEC) Summit in South Korea, the White House confirmed last week. The high-stakes trade talks come as both leaders attempt to avoid further escalation in the ongoing trade war between the world’s two largest economies.

Chinese President Xi Jinping warned of rising uncertainties as the Communist Party approved its next five-year plan, emphasizing technological innovat

Trump's Asia summit tour includes meetings with Chinese President Xi Jinping and other regional leaders as trade tensions with Beijing escalate.