Overview
- The leaders began face‑to‑face talks at Gimhae Air Base in Busan with cordial remarks, their first in six years, as delegations sat down to negotiate.
- U.S. and Chinese negotiators set the stage with a reported preliminary accord to ease export curbs on rare earths and de‑escalate tariff threats.
- Trump signaled he could reduce fentanyl‑linked tariffs on Chinese goods, with discussions also expected on technology restrictions, TikTok, soybean purchases and Taiwan.
- Trump said he will not meet Kim Jong‑un during this trip after North Korea tested sea‑to‑land cruise missiles from the Yellow Sea shortly before his arrival.
- Trump announced a near‑final trade and investment package with South Korea featuring a $350 billion U.S. investment commitment by Seoul and lower tariffs, which a senior South Korean aide said was essentially agreed.