President Donald Trump and Xi Jinping agree on soybean purchases after China shifted purchases to Brazil, a move that hurt American farmers.

War Secretary Pete Hegseth says he had a "positive" meeting with China’s defense chief Dong Jun as both sides agreed to open military channels to ease tensions.

U.S. Defense Secretary Pete Hegseth said Sunday that Washington and Beijing would establish military-to-military communications channels, adding that bilateral ties between the countries have “never been better.

Trump announced a cut on Chinese imports after meeting with Xi in South Korea, citing new understandings on fentanyl enforcement, farm trade and rare-earth exports.

"China, which takes more than 60% of world soybean imports, has nearly completed booking cargoes from Brazil and Argentina through November, with limited purchases expected for December and January ahead of the Brazilian harvest.

The agreement, which was described by the administration as a “massive victory,” was finalized this week during a bilateral meeting in Busan, South Korea.

The president’s trade truce with China has lowered U.S. tariffs to a level that could pause a longer-term effort to reduce America’s dependence on Beijing.

The one-year agreement also addresses other issues, such as U.S. access to critical rare earth minerals and the Chinese soybean market, Trump said. The fate of social media platform TikTok remains unclear after the deal, but a thaw in tensions could influence a potential sale, some experts said.

"We have not too many major stumbling blocks," Trump said of a formal trade agreement after meeting with Chinese President Xi Jinping in South Korea.

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