Trump-Xi meeting: What's at stake and who has the upper hand?

Is the US eyeing its next Latin American target? Why is Trump tearing down parts of the White House? Trump-Xi meeting: What's at stake and who has the upper hand? United States President Donald Trump expects "a lot of problems" will be solved between Washington and Beijing when he meets China's President Xi Jinping in South Korea for a high-stakes meeting on Thursday, amid growing trade tensions between the two. Relations between the two world powers have been strained in recent years, with Washington and Beijing imposing tit-for-tat trade tariffs topping 100 percent against each other this year, the US restricting its exports of semiconductors vital for artificial intelligence (AI) development and Beijing restricting exports of critical rare-earth metals which are vital for the defence industry and also the development of AI, among other issues. On the sidelines of the Asia-Pacific Economic Cooperation (APEC) summit in Gyeongju, South Korea, on Wednesday, Trump said an expected trade deal between China and the US would be good for both countries and "something very exciting for everybody".