By Kate Sullivan and Lauren Dezenski, Bloomberg News

WASHINGTON — U.S. President Donald Trump and Chinese President Xi Jinping will meet next Thursday on the sidelines of the Asia-Pacific Economic Cooperation summit, the White House announced, as the leaders of the world’s two largest economies look to deescalate a simmering trade war.

White House press secretary Karoline Leavitt announced the timing of the meeting during a press briefing Thursday.

The meeting in South Korea, which is hosting the APEC summit, will be the first face-to-face for the leaders since Trump returned to power in January. The two have spoken at least three times this year — most recently in September. Trump and Xi last met in person in 2019, during Trump’s first White House term.

Trump has long said direct talk

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