From aboard Air Force One, while flying back home from Asia, President Donald Trump released a statement with more details on the agreement he has reached with China.
Trump met with Chinese president Xi Jinping for one hour and 40 minutes in Busan, South Korea on Wednesday.
Trump’s statement about the meeting and the agreement he reached with Xi reads as follows:
I had a truly great meeting with President Xi of China. There is enormous respect between our two Countries, and that will only be enhanced with what just took place. We agreed on many things, with others, even of high importance, being very close to resolved.
I was extremely honored by the fact that President Xi authorized China to begin the purchase of massive amounts of Soybeans, Sorghum, and other Farm products. Our Farmers will be very happy! In fact, as I said once before during my first Administration, Farmers should immediately go out and buy more land and larger tractors. I would like to thank President Xi for this!
Additionally, China has agreed to continue the flow of Rare Earth, Critical Minerals, Magnets, etc., openly and freely.
Very significantly, China has strongly stated that they will work diligently with us to stop the flow of Fentanyl into our Country. They will help us end the Fentanyl Crisis.
China also agreed that they will begin the process of purchasing American Energy. In fact, a very large scale transaction may take place concerning the purchase of Oil and Gas from the Great State of Alaska. Chris Wright, Doug Burgum, and our respective Energy teams will be meeting to see if such an Energy Deal can be worked out.
The agreements reached today will deliver Prosperity and Security to millions of Americans. After this Historic trip to Asia, I am now heading back to Washington, D.C.
I want to thank the Great Countries of Malaysia, Japan, and South Korea for being so generous, gracious, and hospitable — Also, Australia, Canada, New Zealand, Singapore, Thailand, and Vietnam, who were at the Dinner last night hosted by His Excellency Lee Jae Myung.
Hundreds of Billions of Dollars are being brought into our Country because of them. Our Nation is Strong, Respected, and Admired Again and, THE BEST IS YET TO COME!
President Donald J. Trump and President Xi Jinping meet in South Korea. pic.twitter.com/F59Kzm9R5t
— The White House (@WhiteHouse) October 30, 2025
.@POTUS shakes hands with China's President Xi after their historic meeting in South Korea. pic.twitter.com/O3DOxWIJ7d
— Rapid Response 47 (@RapidResponse47) October 30, 2025
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