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President Donald Trump met with Chinese President Xi Jinping in South Korea, and the discussions included rare earths and soybeans. And it appears China will be selling the minerals, and buying the food products. A report at the Washington Examiner explained Trump described the meeting as “truly great.” The report said a Trump administration official confirmed the two nations have an “understanding” and China is not going to “impose the rare earth controls that they proposed.” And China is buying shiploads of soybeans, a development that will please American farmers. “We have a deal. Now every year we’ll renegotiate the deal,” Trump said on Air Force One. “All of the rare earth has been settled, and that’s for the world.” Rare earths are needed for American products including smartphones, electric vehicles, medical equipment, satellites and more. President Trump is returning home from a historic trip to Asia that resulted in more peace deals, trade deals, and investments pouring into our country. The trip concluded with a highly productive and positive meeting with President Xi of China. President Trump fiercely… pic.twitter.com/P4i98GX0SU — Karoline Leavitt (@PressSec) October 30, 2025 China’s chief even delivered an unexpected surprise, thanks to Trump for promoting peace around the globe. Trump has, in fact, worked to bring to a halt local conflicts in many locations. BREAKING China’s President stuns the world THANKING President Trump for promoting PEACE “Mr President you care a lot about world peace. You are very enthusiastic about settling regional hotspot issues” I AM IN TOTAL SHOCK pic.twitter.com/yEkzCdigUf — MAGA Voice (@MAGAVoice) October 30, 2025 TRUMP ON THE OUTCOMES OF HIS MEETING WITH XI: – US and China will work to collaborate on Ukraine. – Trump will visit China in April 2026 and Xi will visit the US soon. – China will begin buying soybeans and resume rare earth exports. – The US and China will continue to… pic.twitter.com/amkERhxQV8 — amit (@amitisinvesting) October 30, 2025 “A spokesperson for China’s Ministry of Commerce confirmed the progress between the two countries in a statement regarding the Trump-Xi summit,” the report said. “The leaders of China and the United States just met in Busan, South Korea, and discussed in depth issues such as China-U.S. economic and trade relations, agreeing to strengthen cooperation in economic and trade fields. China is willing to work with the United States to jointly safeguard and implement the important consensus reached at the meeting between the two heads of state,” the China statement confirmed. Trump said, “Additionally, China has agreed to continue the flow of Rare Earth, Critical Minerals, Magnets, etc., openly and freely.” He also said a deal is being developed for China to purchase American energy. Today’s purchase by China of multiple ships of American soybeans signals @POTUS’ strong dealmaking and a positive step forward for our farmers. This purchase, coming directly ahead of the Trump-Xi talks, shows that America means business and that we will restore balance, give… — Secretary Brooke Rollins (@SecRollins) October 29, 2025
