Busan, Oct. 30 -- US President Donald Trump on Thursday announced that China has committed to immediately purchase "large and tremendous amounts" of soybeans and other US farm products as part of a deal between the two nations following his much-anticipated meeting with his Chinese counterpart Xi Jinping on the sidelines of the APEC Summit in Busan, South Korea.

Speaking to reporters during a gaggle aboard Air Force One following his departure to Washington, Trump hailed the decision as a "very nice gesture" from President Xi Jinping, noting that his Chinese counterpart had authorised the purchase a day earlier.

"We're in agreement on so many elements. Large amounts, tremendous amounts of the soybeans and other farm products are going t...