After months of posturing, arguing and threatening, U.S. President Donald Trump and Chinese leader Xi Jinping have essentially turned back the clock.

US President Donald Trump and Chinese President Xi Jinping have reached agreements to ease tensions in their long-running trade and tariff dispute, but there was no sign of a major breakthrough at their closely watched meeting in South Korea.

President Trump is eyeing an energy deal with China, he said in a social media post Thursday. He said in a post on Truth Social that Beijing has agreed to begin purchasing U.S. energy and that a “very large scale transaction” related to oil and gas from Alaska “may take place.

President Trump told reporters as he flew into Japan that he expects to have a trade agreement with China finalized by the end of his tour of Asia.

GYEONGJU, South Korea — The United States and South Korea advanced trade talks on Wednesday, addressing details of $350 billion that would be invested in the American economy, after negotiations and ceremonies that included the presentation of a gold medal and crown to President Trump.

President Donald Trump is in Japan, the second stop of his three-country tour of Asia. After meeting with newly elected Prime Minister Sanae Takaichi this morning, he addressed U.S. troops on board the USS George Washington.

US President Donald Trump signed a framework with Japan on securing the supply of critical minerals and rare earths. China has a near-monopoly on global rare-earth supplies, which Beijing has weaponized in its trade war with the US.

President Donald Trump and Chinese president Xi Jinping have begun what is expected to be three to four hours of high-stakes ,in-person talks in hopes of lowering the temperature of a simmering trade war that has threatened to boil over and upend the global economy.