Trump and Xi land in Busan for highly anticipated meeting over trade and tariffs

Core Points - The meeting between U.S. President Donald Trump and China's President Xi Jinping is focused on addressing trade and tariff concerns amid rising tensions between the two largest economies [1][2] - This is the first in-person meeting since Trump began his second term, highlighting the significance of the discussions [2] - Key topics for discussion include fentanyl restrictions, TikTok's divestiture from ByteDance, tariffs, tech curbs, and rare earths [3] Group 1 - The meeting is taking place in Busan, South Korea, coinciding with Xi's first state visit in 11 years [4] - Investors are closely monitoring the situation, with global markets showing optimism about a potential trade agreement [4] - China's recent purchase of U.S. soybeans indicates a possible thawing in relations, despite previous tensions [3]