U.S. and China strike a soybean deal
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China, Trade Deal
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Seoul will also invest $350bn in the US as part of the deal, which Donald Trump says is "pretty much finalised".
US President Donald Trump said China would purchase more US energy as part of a wider trade truce, and hinted at an unspecified “very large scale” transaction involving Alaskan oil and gas.
Trump called a pending trade deal with South Korea 'pretty much finalized' after months of deadlock over details of investment in the US.
Xi was self-contained, and said only what he had prepared. He entered the meeting knowing he had a strong hand. China had learned from Trump's first term, leveraging its chokehold on rare earths, and diversifying its trade partners so it is less reliant on the US.
Global equity funds attracted massive investments in the week to October 29 ahead of an anticipated interest rate cut by the U.S. Federal Reserve and a trade deal between U.S. President Donald Trump and Chinese President Xi Jinping.
Seoul and Washington reached a trade deal during U.S. President Donald Trump's visit to South Korea, lead policy official Kim Yong-beom said Wednesday.
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