The Fort Worth Press - Trump heads to South Korea with all eyes on Xi meeting

USD -
AED 3.672498
AFN 66.106128
ALL 82.462283
AMD 381.646874
ANG 1.790403
AOA 916.999925
ARS 1451.493897
AUD 1.49923
AWG 1.8025
AZN 1.70044
BAM 1.666106
BBD 2.015555
BDT 122.381003
BGN 1.666698
BHD 0.376969
BIF 2960.464106
BMD 1
BND 1.286514
BOB 6.930128
BRL 5.515503
BSD 1.000707
BTN 90.075562
BWP 13.139445
BYN 2.939776
BYR 19600
BZD 2.012659
CAD 1.372555
CDF 2165.000425
CHF 0.793565
CLF 0.022945
CLP 900.139832
CNY 6.9964
CNH 6.97704
COP 3769.96
CRC 497.073782
CUC 1
CUP 26.5
CVE 93.933689
CZK 20.586902
DJF 177.720057
DKK 6.36617
DOP 63.090461
DZD 129.565162
EGP 47.707803
ERN 15
ETB 155.306806
EUR 0.85232
FJD 2.273301
FKP 0.743772
GBP 0.74363
GEL 2.695015
GGP 0.743772
GHS 10.508067
GIP 0.743772
GMD 74.000319
GNF 8754.802491
GTQ 7.675532
GYD 209.36909
HKD 7.78393
HNL 26.382819
HRK 6.414501
HTG 130.968506
HUF 327.719897
IDR 16694
ILS 3.186885
IMP 0.743772
INR 89.986897
IQD 1310.962883
IRR 42124.999753
ISK 125.469761
JEP 0.743772
JMD 159.029535
JOD 0.709009
JPY 156.87599
KES 129.089532
KGS 87.443498
KHR 4009.813693
KMF 419.999932
KPW 899.994146
KRW 1444.640169
KWD 0.30769
KYD 0.833994
KZT 507.398605
LAK 21633.571009
LBP 89616.523195
LKR 309.880992
LRD 178.128754
LSL 16.565363
LTL 2.95274
LVL 0.60489
LYD 5.41968
MAD 9.125364
MDL 16.842652
MGA 4593.353608
MKD 52.457549
MMK 2101.528199
MNT 3558.945081
MOP 8.023887
MRU 39.738642
MUR 46.250095
MVR 15.449848
MWK 1735.285849
MXN 18.022855
MYR 4.058031
MZN 63.909893
NAD 16.565293
NGN 1445.369801
NIO 36.826906
NOK 10.08779
NPR 144.120729
NZD 1.738325
OMR 0.384498
PAB 1.000716
PEN 3.366031
PGK 4.262823
PHP 58.878503
PKR 280.231968
PLN 3.596305
PYG 6569.722371
QAR 3.640127
RON 4.340798
RSD 99.960204
RUB 79.099677
RWF 1458.083093
SAR 3.750501
SBD 8.136831
SCR 13.817016
SDG 601.508119
SEK 9.22704
SGD 1.286661
SHP 0.750259
SLE 24.049609
SLL 20969.503664
SOS 570.932045
SRD 38.126497
STD 20697.981008
STN 20.871136
SVC 8.756506
SYP 11056.904457
SZL 16.560607
THB 31.487992
TJS 9.241824
TMT 3.51
TND 2.91815
TOP 2.40776
TRY 42.955698
TTD 6.802286
TWD 31.384497
TZS 2470.315997
UAH 42.338589
UGX 3623.089636
UYU 39.186789
UZS 12013.255301
VES 297.770445
VND 26300
VUV 120.790512
WST 2.775488
XAF 558.798674
XAG 0.013939
XAU 0.000231
XCD 2.70255
XCG 1.803607
XDR 0.694966
XOF 558.798674
XPF 101.595577
YER 238.449603
ZAR 16.57019
ZMK 9001.196392
ZMW 22.191554
ZWL 321.999592
  • RBGPF

    -0.3000

    80.75

    -0.37%

  • AZN

    -0.5800

    91.93

    -0.63%

  • BP

    -0.0200

    34.73

    -0.06%

  • RIO

    -0.4900

    80.03

    -0.61%

  • GSK

    -0.2600

    49.04

    -0.53%

  • SCS

    0.0200

    16.14

    +0.12%

  • NGG

    -0.4200

    77.35

    -0.54%

  • CMSD

    0.0200

    23.15

    +0.09%

  • CMSC

    -0.0334

    22.65

    -0.15%

  • VOD

    -0.0200

    13.21

    -0.15%

  • RELX

    -0.6900

    40.42

    -1.71%

  • RYCEF

    0.0200

    15.51

    +0.13%

  • BTI

    0.0700

    56.62

    +0.12%

  • JRI

    0.0300

    13.61

    +0.22%

  • BCC

    -0.1900

    73.6

    -0.26%

  • BCE

    0.2500

    23.82

    +1.05%

Trump heads to South Korea with all eyes on Xi meeting
Trump heads to South Korea with all eyes on Xi meeting / Photo: © AFP

Trump heads to South Korea with all eyes on Xi meeting

US President Donald Trump heads Wednesday for South Korea, where a key meeting with Chinese leader Xi Jinping could produce a truce in the blistering trade war between the world's two largest economies.

Text size:

Trump's two-day visit to key US ally South Korea is the third leg of a trip to Asia that has seen him lauded at a regional summit in Malaysia and flattered as a "peacemaker" by Japan's Prime Minister Sanae Takaichi.

But the eyes of the world will be on a meeting set for Thursday -- the first time in six years Trump sits down with Xi.

It could determine whether the United States and China can halt a trade war that has roiled global markets and sent international supply chains into panic.

Negotiators from Beijing and Washington have both confirmed a "framework" has been agreed.

It is now down to Trump and Xi, who will meet on the sidelines of the Asia-Pacific Economic Cooperation (APEC) summit in the city of Gyeongju, to sign off on it.

"There seems to be a mismatch in terms of where both countries are, heading into the Trump-Xi summit," said William Yang, an analyst at the International Crisis Group.

The United States "is eager to reach any trade deal that Trump could declare as a victory", while China is focused on "building more mutual trust, managing longstanding differences, and steadying the bilateral trade relationship", he added.

- 'Complicated' -

Trump is due to land in the South Korean city of Busan, fresh from two days in Tokyo, where Japan's new conservative premier Takaichi hailed a "golden age" in bilateral ties.

The US president will head to Gyeongju for a summit with South Korean President Lee Jae Myung -- their second in-person talks just two months after a meeting in Washington.

Discussion will likely be focused on trade, with the two sides still deadlocked over a deal between the major economic partners.

In July, Trump said Washington had agreed to cut tariffs on South Korean imports to 15 percent in exchange for a $350 billion investment pledge by Seoul.

Steep auto tariffs, however, remain in place, and the two governments remain divided over the structure of the investment pledge.

US Treasury Secretary Scott Bessent admitted Monday there was still "a lot of details to work out" in what he said was a "complicated" deal, while Trump has denied that there was a "snag" in the talks.

Activists plan to welcome the US leader, whose sweeping tariffs triggered the trade war, with anti-Trump demonstrations in Gyeongju condemning his "predatory investment demands".

- DMZ meeting? -

Adding to the diplomatic high drama, Trump has also extended an invitation to North Korean leader Kim Jong Un to meet while he is on the peninsula.

The two leaders last met in 2019 at the Demilitarised Zone (DMZ), the fraught Cold War frontier that has separated the two Koreas for decades.

Trump has said that he would "love to meet" Kim and even suggested sanctions could be a topic for conversation.

But North Korea is yet to respond publicly to the invitation. Officials in Seoul appear divided as to whether it will go ahead.

Kim said last month he had "fond memories" of his meetings with Trump.

He also expressed openness to talks if the United States dropped its "delusional" demand that Pyongyang give up its nuclear weapons.

"Trump's made it clear he wants to meet," Chad O'Carroll, founder of the specialist website NK News, told AFP.

"The ball is in Kim Jong Un's court."

But the US leader now faces a different Kim than in 2019 -- one emboldened since their diplomatic love affair during Trump's first term, having secured crucial backing from Russia after sending thousands of North Korean troops to fight alongside Moscow's forces.

"North Korea has time on its side and isn't as isolated as before," said Hong Min, a senior analyst at the Korea Institute for National Unification.

"A surprise event to show personal rapport is possible, but a negotiation with tangible results -- like denuclearisation talks -- will not happen," he told AFP.

burs-oho/ami/des

B.Martinez--TFWP