Trump to meet Xi at White House to discuss trade, AI safety, rare earths

The Busan trade truce that lowered tariff threats and paused port fees expires on November 10, and both sides are weighing an extension and a possible $30 billion package of “non‑sensitive” goods across about ten categories. The original deal lifted China’s export limits on rare‑earth minerals, a key input for AI hardware, and the summit will revisit supply‑chain stability, AI safety, and export controls on chips. China has warned it could pull out if the U.S. green‑lights new arms sales to Taiwan, while both sides are expected to tread lightly on Iran ties and detained nationals. Analyst Anna Ashton told CNBC that a modest set of deliverables is likely, but no breakthrough is expected.