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Editorial: La Vanguardia

  • Donald Trump and Xi Jinping have reached 'approaches on many very important points' at a meeting in Busan, South Korea.
  • Both countries are seeking a truce in their trade war.
  • China pledges to step up its fight against fentanyl trafficking, and Trump reduces his tariff from 20% to 10% in response.
  • China agrees to lift its export restrictions on rare earths to the U.S.
  • China is willing to buy soybeans from the U.S. instead of Brazil and Argentina.
  • Both sides agree to remove sanctions imposed on the shipbuilding industry and sea transport.
  • The leaders also agree to work towards an energy agreement and discuss security concerns related to TikTok and the sale of cutting-edge chips.

Conclusion: Whilst these agreements are crucial for political and economic stability, they are just the first step, and there's a host of delicate issues still pending. Both leaders have expressed a willingness to improve relations and assume their responsibility as global powers.