• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
Economy
Asia

Trump flies to Asia with crunch China talks looming: ‘We have a lot to talk about’

By
Michelle L. Price
Michelle L. Price
and
The Associated Press
The Associated Press
Down Arrow Button Icon
By
Michelle L. Price
Michelle L. Price
and
The Associated Press
The Associated Press
Down Arrow Button Icon
October 25, 2025, 5:30 AM ET
Trump
President Donald Trump waves as he boards Air Force One, Friday, Oct. 24, 2025, at Joint Base Andrews, Md., for a trip to Asia. AP Photo/Mark Schiefelbein

President Donald Trump headed for Asia Friday night for the first time this term, a trip where he’s expected to work on investment deals and peace efforts before meeting face-to-face with Chinese President Xi Jinping to try to deescalate a trade war.

Recommended Video

“We have a lot to talk about with President Xi, and he has a lot to talk about with us,” Trump told reporters as he left the White House. “I think we’ll have a good meeting.”

The president’s long-haul flight has him arriving in Malaysia on Sunday morning, the first stop of a three-country sprint.

His trip comes as the U.S. government shutdown drags on. Many federal workers are set to miss their first full paycheck this week, there are flight disruptions as already-squeezed air traffic controllers work without pay, and states are confronting the possibility that federal food aid could dry up. As Republicans reject Democratic demands for health care funds, there’s no sign of a break in the impasse, but Trump seems to be continuing on with business as usual, including his foreign trip.

“America is shut down and the President is skipping town,” Senate Democratic leader Chuck Schumer said in a statement Friday night.

Trump’s first stop is at a regional summit in Kuala Lumpur. Trump attended the annual Association of Southeast Asian Nations summit only once during his first term, but this year it comes as Malaysia and the U.S. have been working to address a skirmish between Thailand and Cambodia.

On Sunday, he’s scheduled to have a meeting with Malaysian Prime Minister Anwar Ibrahim, followed by a joint signing ceremony with the prime ministers of Thailand and Cambodia.

Trump threatened earlier this year to withhold trade deals with the countries if they didn’t stop fighting, and his administration has since been working with Malaysia to nail down an expanded ceasefire.

The U.S. leader on Sunday may also have a significant meeting with Brazilian President Luiz Inácio Lula da Silva, who wants to see the U.S. cut a 40% tariff on Brazilian imports. The U.S. administration has justified the tariffs by citing Brazil’s criminal prosecution of former President Jair Bolsonaro — a Trump ally.

Beyond trade, Lula on Friday also criticized the U.S. campaign of military strikes off the South American coast in the name of fighting drug trafficking. He said he planned to raise concerns with Trump at a meeting on Sunday in Malaysia. The White House has not yet publicly confirmed the meeting is set to take place.

After Malaysia, Trump has stops in Japan and South Korea

From there, Trump heads to Japan and South Korea, where he’s expected to make progress on talks for at least $900 billion in investments for U.S. factories and other projects that those countries committed to in return for easing Trump’s planned tariff rates down to 15% from 25%.

The trip to Tokyo comes a week after Japan elected its first female prime minister, Sanae Takaichi. Trump is set to meet with Takaichi, who is a protégé of former Prime Minister Shinzo Abe. Trump was close to Abe, who was assassinated after leaving office.

While there, Trump is expected to be hosted by Japanese Emperor Naruhito, and meet with U.S. troops who are stationed in Japan, according to a senior U.S. official who was not authorized to speak publicly and spoke to reporters on condition of anonymity about the planned trip.

In South Korea, Trump is expected to hold a highly anticipated meeting with China’s Xi on the sidelines of the Asia Pacific Economic Cooperation summit.

While the APEC summit is set to be held in Gyeongju, the Trump-Xi meeting is expected to take place in the city of Busan, according to the U.S. official.

The meeting follows months of volatile moves in a trade war between China and the U.S. that have rattled the global economy.

Trump was infuriated earlier this month after Beijing imposed new export controls on rare earths used in technology and threatened to hike retaliatory tariffs to sky-high levels. He has said he wants China to buy U.S. soybeans. However, earlier this week, Trump was optimistic, predicting he would reach a “fantastic deal” with Xi.

The only meeting that could possibly eclipse the Xi summit would be an impromptu reunion with North Korean leader Kim Jong Un. Speculation has been rife since South Korea’s Unification Minister Chung Dong-young told lawmakers this month it was possible that Trump could again meet with Kim in the Demilitarized Zone, as he did in 2019.

But such a meeting is not on the president’s schedule for this trip, according to the U.S. official.

The Fortune 500 Innovation Forum will convene Fortune 500 executives, U.S. policy officials, top founders, and thought leaders to help define what’s next for the American economy, Nov. 16-17 in Detroit. Apply here.
About the Authors
By Michelle L. Price
See full bioRight Arrow Button Icon
By The Associated Press
See full bioRight Arrow Button Icon

Latest in Economy

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Economy

U.S. airman from F-15 shot down by Iran has been rescued in mountainous region after frantic search involving ‘dozens of aircraft,’ Trump says
PoliticsIran
U.S. airman from F-15 shot down by Iran has been rescued in mountainous region after frantic search involving ‘dozens of aircraft,’ Trump says
By Matthew Lee, Konstantin Toropin and The Associated PressApril 5, 2026
2 hours ago
U.S. deploys bulk of stealthy long-range missile for Iran war
PoliticsIran
U.S. deploys bulk of stealthy long-range missile for Iran war
By Gerry Doyle and BloombergApril 4, 2026
10 hours ago
Labor market turns upside down as the economy can shed jobs and still keep unemployment low amid immigration reversal
EconomyJobs
Labor market turns upside down as the economy can shed jobs and still keep unemployment low amid immigration reversal
By Jason MaApril 4, 2026
10 hours ago
Trump calms markets to fight longer and always uses the military assets he deploys as more combat power heads to Iran, Mideast expert says
EnergyIran
Trump calms markets to fight longer and always uses the military assets he deploys as more combat power heads to Iran, Mideast expert says
By Jason MaApril 4, 2026
11 hours ago
trump
PoliticsWhite House
Trump sons to Gulf states: we’ve got some drone interception tech to sell you
By Bernard Condon and The Associated PressApril 4, 2026
14 hours ago
amazon
North AmericaIran
Amazon slaps 3.5% fuel and logistics charge on sellers because of Iran war
By Anne D'Innocenzio and The Associated PressApril 4, 2026
14 hours ago

Most Popular

The World Cup is supposed to be an economic windfall. But 'you're seeing a number of headwinds' now
North America
The World Cup is supposed to be an economic windfall. But 'you're seeing a number of headwinds' now
By Fortune EditorsApril 4, 2026
18 hours ago
Google CEO Sundar Pichai says we’re just a decade away from a new normal of extraterrestrial data centers
Innovation
Google CEO Sundar Pichai says we’re just a decade away from a new normal of extraterrestrial data centers
By Fortune EditorsApril 3, 2026
2 days ago
College grads in ‘AI-proof’ careers like psychology and education are seeing negative returns on their degrees
Personal Finance
College grads in ‘AI-proof’ careers like psychology and education are seeing negative returns on their degrees
By Fortune EditorsApril 4, 2026
19 hours ago
Major 4-day workweek study suggests that when we work 5 days we spend one doing basically nothing
Success
Major 4-day workweek study suggests that when we work 5 days we spend one doing basically nothing
By Fortune EditorsApril 2, 2026
3 days ago
Current price of oil as of April 3, 2026
Personal Finance
Current price of oil as of April 3, 2026
By Fortune EditorsApril 3, 2026
2 days ago
Gen Z fled San Francisco for Texas and Florida. Now they’re turning ‘welcomer cities’ into the next big tech towns
Real Estate
Gen Z fled San Francisco for Texas and Florida. Now they’re turning ‘welcomer cities’ into the next big tech towns
By Fortune EditorsApril 2, 2026
3 days ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.