US President Donald Trump and China’s President Xi Jinping shake hands as they arrive for talks at the Gimhae Air Base, located next to the Gimhae International Airport in Busan. President Trump announced “we have a deal” shortly after meeting with Chinese President Xi Jinping Thursday in their first face-to-face since he returned to the White House. Trump said that Xi agreed to pause for a period of one year Beijing’s new export restrictions on products made with rare-earth and critical minerals, which could have impacted the global supply of high-tech magnets, batteries and semiconductors.

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