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TRANSCRIPT: President Trump Holds a Bilat with Xi Jinping of China in Busan, South Korea, 10.29.25

[Video]

President Donald Trump: Well, thank you very much. It's a great honor to be with a friend of mine, really for a long time now, if you think about it. Uh, the very, very distinguished and respected president of China, and we will be having some discussions. I think we've already agreed to a lot of things and, uh, we'll agree to some more right now. Uh, but, uh, President Xi is a great leader of a great country, and I think we're gonna have a fantastic relationship for a long period of time, and it's an honor to have you with us. Thank you very much. Thank you.

President Xi Jinping: [Via interpreter] President Trump, it is a great pleasure for me as well to meet you. And it feels very warm seeing you again, because it's been many years. Since your reelection, we have spoken on the phone three times, exchanged several letters, and stayed in close contact. And our joint guidance, China's relations have remained stable on the whole. [Via interpreter] Given our different national conditions, we do not always see eye to eye with each other, and it is normal for the two leading economies of the world to have frictions now and then. And in the face of winds, waves, and challenges, you and I, at the helm of China-US relations, should stay the right course and ensure the steady sailing forward of the giant ship of China-US relations.

I always believe that China's development goes hand in hand with your vision to

make America great again. Our two countries are fully able to help each other succeed and prosper together. Over the years, I have stated in public many times that China and the United States should be partners and friends. This is what history has taught us and what reality nee- -- demands. A few days ago in the latest round of consultation, our two economic and trade teams reached basic consensus on addressing our respective major concerns and made encouraging progress. This provided the necessary conditions for our meeting today. Mr. President, I'm ready to continue working with you to build a solid foundation for China-US relations and create a sound atmosphere for the development of both countries.

Mr. President, you care a lot about world peace and you are very enthusiastic about settling various regional hotspot issues. I appreciate your great contribution to the recent conclusion of the Gaza ceasefire agreement. During your visit to Malaysia, you witnessed the signing of the Joint Declaration on Peace along the Cambodia-Thailand border, to which you had provided input. China's been helping our own way Cambodia and Thailand properly settle their border disputes, and we have also been promoting peace talks to resolve other hotspot issues. The world today is confronted with many tough problems. China and the US can jointly shoulder our responsibility as major countries and work together to accomplish more, great, and concrete things for the good of our two countries and the whole world. I look forward to exchanging views with you on questions important for our two countries and world. Thank you.

Trump: Thank you. Thank you very much. It's great to have you all. Thank you very much.

Question: Mr. President, why did you change your nuclear plans? Why are we going to be doing more nuclear testing?

Trump: Thank you very much everybody. Thank you. Thank you very much.

Aide: Thank you press. Thank you press.

Transcript courtesy of CQ Factbase