CNBC's Eamon Javers reports on news regarding President Donald Trump, who is set to meet with China's President Xi Jinping in South Korea.

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Donald Trump has signed an order to impose tariffs imports into the U.S. from countries including China, Mexico and Canada.

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President Trump is preparing for a meeting with Chinese President Xi Jinping following his visit to South Korea, where he was honored for his contributions to South Korean national security. During his time in South Korea, Trump and President Lee discussed potential cooperation on nuclear-powered submarines and joint shipbuilding, but were unable to finalize a comprehensive trade agreement due to concerns over large-scale investment demands.

Despite the lack of a finalized trade deal, the White House announced significant investment commitments from South Korean companies, including Korean Air and LS Group. Trump also attended a special dinner with other APEC leaders, highlighting ongoing diplomatic efforts in the region. The upcoming meeting with Xi Jinping is anticipated to focus on trade and economic relations between the United States and China.

Trump set to meet with China's Xi

Let's begin in DC this morning the president prepares to meet with China's President Xi. Our Eamon Javers in Washington with more as we continue to digest the news out of the Japanese meeting, Eamon, and the South Korean meeting. Yeah, good morning, Carl. President Trump arrived in South Korea overnight and he met with President Lee of South Korea during the APEC summit there. He was presented with the nation's high honor medal for contributions to South Korean national security and given a replica of a historic crown as a personal gift from the South Korean president. Trump and the South Korean leader quashed hopes though of a meeting with North Korean leader Kim Jong-un with Trump saying the timing simply didn't work out on that for this trip but he did have some positive things to say ahead of tomorrow's widely anticipated meeting with Xi Jinping, which is actually going to happen at about 10 or 11 p.m. East Coast time here in the United States tonight. Take a listen. The president Xi of China is coming tomorrow here and we're going to be I hope making a deal I think we're gonna have a deal. I think it'll be a good deal for for both and that's really a great result you know, that's better than fighting and going through all sorts of problems and you know no reason for it. I think it's gonna be a great deal for both. The two leaders also spoke about the prospect for nuclear-powered submarines for South Korea joint shipbuilding efforts in manufacturing in the United States Despite that up deep upbeat rhetoric though The two sides were not able to conclude a comprehensive trade deal the US and South Korea Developed a framework for a deal earlier in the year but they've not been able to finalize it because South Korean officials have balked at President Trump's demand for 350 billion dollars in investment into the United States, which they worry could be destabilizing for the South Korean economy The White House did announce this morning tens of billions of dollars in investment commitments today Including 49.9 billion from Korean Air and a 3 billion dollar investment from Korean energy firm LS Group President Trump also attended what's billed as a special presidential dinner for heads of state and government Which was also attended by other leaders who are in town for the APEC meetings including those from Vietnam, Australia New Zealand, Canada, Thailand and Singapore. So a whirlwind diplomatic visit. Karl, back over to you. Eamon, I am curious what you made of some of the pushback from Koreans whether you thought that was related to the Hyundai Controversy from a couple of months ago and in Japan Takahichi saying that it's gonna be very hard for them Not to purchase more Russian LNG Yeah, I mean you you get the sense that some of these leaders are sort of up against, you know Just real economic constraints as they talk to the Trump administration. They want to have a good meeting They're they're going out of their way with pomp and circumstance I mean what we've seen in terms of the you know The honor guards the gift-giving the the sit-downs the praise, you know All of that extraordinarily lavish and welcoming for President Trump, but on some level There's only so much they seem to feel they can do In terms of the investments and the commitments that the president wants and that's why we're seeing a lot of these Frameworks being announced with details to be filled in later as we saw in the South Korean situation that you know They are announcing investments. They're announcing Engagement, but you wonder how much of that is the kind of investment and engagement that would have happened between these two relatively large economies Anyway, yeah framework certainly seems to be the word of the moment. Amen. Thank you

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