ANI Busan 

United States President Donald Trump on Thursday said he had a "truly great meeting" with Chinese President Xi Jinping in South Korea, where the two leaders reached several key agreements to ease trade tensions and boost cooperation on multiple issues.

In a post on his Truth Social platform, Trump wrote, "I had a truly great meeting with President Xi of China. There is enormous respect between our two countries. We agreed on many things, with others, even of high importance, being very close to being resolved." 

Trump said President Xi had authorised China to begin purchasing "massive amounts" of American farm goods, including soybeans and sorghum, a move he described as "a great gesture" towards US farmers. "Our farmers will be very happy! As I said once before during my first Administration, farmers should immediately go out and buy more land and larger tractors," he wrote, thanking Xi for the decision.

Speaking to reporters aboard Air Force One while returning to Washington, Trump said, "Large amounts of soybeans and other farm products are going to be purchased, starting immediately.  President Xi authorised it yesterday, and I appreciated that. It was a very nice gesture.” Trump said he would rate the meeting with Xi "on a scale from zero to 10, I would say the meeting was a 12." 

Trump also announced that Washington and Beijing had reached a one-year trade pact that would reduce tariffs on Chinese imports from 57 per cent to 47 per cent. "We have a deal," Trump said. "Every year we'll renegotiate the deal, but I think it will go on for a long time, long beyond the year."