No update yet about the advice to President Trump by Lei of Lei’s Real Talk to tell Xi Jinping to shut down the CCP regime and resign. But on that other thing, the trade and tariff talks between the United States and the People’s Republic of China, the reports say that we are now veering in on a final trajectory. The ground is coming up fast, and all that is required now is to stick the landing. Maybe.
Framework
CNN, October 27, 2025. “US and China have reached a framework agreement on trade ahead of Trump-Xi meeting….
“US and Chinese officials have reached a framework agreement, averting a potentially ruinous 157% tariff on Chinese goods while paving the way for a potential trade deal to be discussed between President Donald Trump and Chinese leader Xi Jinping later this week….
“ ‘I think we’ve reached a substantial framework for the two leaders who will meet next Thursday,’ Treasury Secretary Scott Bessent said on ABC from Kuala Lumpur, where he and Trade Representative Jamieson Greer led the US delegation for the fifth round of in-person talks….
“Beijing has yet to confirm the sit down will take place, however that is not unusual given how China’s government rarely does so until such talks are under way….
“Neither side has provided full details of the framework, but Bessent said on NBC he anticipates the US would get ‘some kind of deferral’ on rare-earth export controls, adding that the framework sets up Trump and Xi ‘to have a very productive meeting.’ ”
Respect
CNBC, October 27, 2025. “U.S. President Donald Trump said Monday that Washington and Beijing were poised to ‘come away with’ a trade deal ahead of his expected meeting with Chinese leader Xi Jinping….
“ ‘I have a lot of respect for President Xi, and we are going to come away with the deal,’ Trump said…
“As Trump mingled with other leaders in Malaysia, U.S. and Chinese negotiators met on the sidelines of the ASEAN summit, where the bilateral talks yielded a framework ahead of an expected meeting between Trump and Xi in South Korea on Thursday.”
TikTok, export controls, tariffs, fentanyl
The New York Times, October 26, 2025. “Representatives from China and the United States agreed on a framework for a possible trade pact ahead of a crucial face-to-face meeting between President Trump and China’s top leader, Xi Jinping, later this week. But both sides were careful to suggest that they did not have a final deal, which would be determined by the two leaders, who are expected to meet in South Korea on Thursday….
“The variety of issues discussed in Kuala Lumpur included bilateral trade, export controls, reciprocal tariff extensions, fentanyl-related tariffs and cooperation on combating fentanyl trafficking, according to the Chinese side….
“Treasury Secretary Scott Bessent said Mr. Trump and Mr. Xi could ‘consummate’ a deal to allow TikTok to continue to operate in the United States when they meet on Thursday. Mr. Bessent told CBS’s ‘Face the Nation’ that the details had been ‘ironed out,’ but it was unclear what specifics had been settled recently or whether there had been more substantial changes….
“ ‘The president had given me maximum leverage when he threatened 100 percent tariffs if the Chinese imposed their rare earth global export controls,’ Bessent said. ‘I think we have averted that, so the tariffs will be averted.’ Asked what concessions China was willing to make on rare earth minerals, Bessent said he expected China would ‘delay that for a year while they re-examine it.’ ”
Soybeans
BBC, October 26, 2025. “Another issue of contention is soybeans, of which China is the world’s biggest buyer. As the trade war began heating up, China halted all orders, hurting US farmers.
“Bessent hinted the boycott may soon be over but refused to give details.
“ ‘I’m actually a soybean farmer, so I have felt this pain too…. I think we have addressed the farmers’ concerns,’ he said on This Week.
“ ‘I believe when the announcement of the deal with China is made public that our soybean farmers will feel really good about what’s going on for this season and the coming seasons for several years.’ ”
Taiwan, Jimmy Lai, Russia
CNBC, October 26, 2025. “On the sidelines of the ASEAN Summit, Trump hinted at possible meetings with Xi in China and the United States.
“ ‘We’ve agreed to meet. We’re going to meet them later in China, and we’re going to meet in the U.S., in either Washington or at Mar-a-Lago,’ Trump said.
“Among Trump’s talking points with Xi are Chinese purchases of U.S. soybeans, concerns around democratically governed Taiwan, which China views as its own territory, and the release of jailed Hong Kong media tycoon Jimmy Lai.
“The detention of the founder of the now-defunct pro-democracy newspaper Apple Daily has become the most high-profile example of China’s crackdown on rights in Hong Kong.
“Trump also said he will seek China’s help in U.S. dealings with Moscow, as Russia’s war in Ukraine grinds on.”
