Trump's Conclusive Asia Tour: Trade Talks on the Horizon

President Donald Trump concludes his Asia tour in South Korea, aiming for a trade deal with China amid tension with North Korea. Talks with South Korea focus on trade and investments, while the Taiwan issue remains delicate. Trump seeks to reduce tariffs in return for Chinese commitments.

President Donald Trump arrived in South Korea on Wednesday, marking the final leg of his Asia trip. With a keen focus on establishing a trade truce, Trump plans to negotiate with Chinese President Xi Jinping following crucial talks with South Korean President Lee Jae Myung.

Global markets are optimistic as discussions between the U.S. and South Korea aim to finalize a trade agreement. Despite North Korea's recent missile test, Trump is determined to foster positive outcomes with China, potentially reducing tariffs on Chinese goods in exchange for Beijing's commitment to limit fentanyl chemical exports.

South Korea has pledged $350 billion in U.S. investments, though specific details remain unresolved. Trump continues to press allies on defense cost-sharing, whilst urging policy reforms to facilitate factory workforces. Taiwan's security also features delicately amidst U.S.-China negotiations.

(With inputs from agencies.)