BEIJING ― China's state-owned COFCO bought three U.S. soybean cargoes, two trade sources said, the country's first purchases from this year's U.S. harvest, shortly before a summit of Presidents Donald Trump and Xi Jinping.

After months of posturing, arguing and threatening, U.S. President Donald Trump and Chinese leader Xi Jinping have essentially turned back the clock

There is an art to doing a deal with Donald Trump. It involves flattery, and most countries have tried it, including on his trip to Asia so far. South Korea gave him an enormous golden crown, while Japan's prime minister nominated him for a Nobel Peace prize.

"China, which takes more than 60% of world soybean imports, has nearly completed booking cargoes from Brazil and Argentina through November, with limited purchases expected for December and January ahead of the Brazilian harvest.

US and Chinese officials have reached a framework agreement, averting a potentially ruinous 157% tariff on Chinese goods while paving the way for a potential trade deal to be discussed between President Donald Trump and Chinese leader Xi Jinping later this week.

Separately, Nvidia CEO Jensen Huang still hopes to sell chips from the company’s Blackwell lineup to customers in China, though he has no current plans to do so, he told reporters Friday. Blackwell is Nvidia’s latest generation of AI semiconductors, figuring prominently as a potential bargaining chip in trade talks between the US and China.

China’s promise to delay its newest restrictions on the export of the rare earths that are crucial to many high-tech products for one year as part of a trade agreement creates an opportunity for the U.

Sign up here to receive “The US in brief” as a newsletter, each weekday, in your inbox.

After Donald Trump and Xi Jinping met in South Korea on Oct. 30, China released a statement on the outcomes of the landmark summit while US officials made public remarks.

Washington's decision to delay a rule on export restrictions for Chinese companies, announced by China after Thursday's summit meeting with U. President Donald Trump, could end up making the measure ineffective,

The United States will "stoutly defend its interests", Defense Secretary Pete Hegseth told Chinese counterpart Dong Jun during a meeting on Friday in Kuala Lumpur, flagging the importance of maintaining a balance of power in the region.