The one-year agreement also addresses other issues, such as U.S. access to critical rare earth minerals and the Chinese soybean market, Trump said. The fate of social media platform TikTok remains unclear after the deal, but a thaw in tensions could influence a potential sale, some experts said.

But on Thursday, Mr Trump and Chinese President Xi Jinping reached an agreement. It amounts to China buying 12 million metric tons of soybeans this year, and at least 25 million metric tons over each of the next three years. That would ultimately return purchasing volume to the levels seen prior to the trade war.

U.S. Defense Secretary Pete Hegseth leaves after a bilateral meeting with Malaysia's Defense Minister Mohamed Khaled Nordin ahead of the Association of Southeast Asian Nations (ASEAN) Defense Ministers' Meeting in Kuala Lumpur, Malaysia, Thursday, Oct. 30, 2025. | Dita Alangkara

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.

President Lai Ching-te rejected Beijing’s latest push to get the self-governing island to come under Chinese control under a system of autonomy it uses for Hong Kong and Macau.

China’s defense ministry issued a cautious response, emphasizing its longstanding positions. Dong Jun stressed the reunification of China and Taiwan is an “unstoppable historical trend” and urged the U.S. to be cautious in its words and actions on the Taiwan issue, the statement said.

China and Canada's leaders opened on Friday their first formal talks since 2017, with Xi Jinping meeting Prime Minister Mark Carney in South Korea, Chinese state media reported.But in her first policy address last Friday,

China promises to buy millions of tons of U.S. soybeans, buoying producers in No. 2 soybean-growing state Iowa

Chinese President Xi Jinping and Canadian Prime Minister Mark Carney have taken steps to mend their countries' fractured ties.