New Delhi, Oct. 30 -- The meeting between US President Donald Trump and Chinese President Xi Jinping concluded after a 100-minute discussion, reportedly lasting longer than scheduled. The two leaders, who met in Busan, South Korea, agreed on a one-year deal concerning the supply of crucial rare earths.

The meeting marked the first in-person encounter between the two in six years, amid ongoing trade tensions. According to a report by news agency AP, both sides are seeking to limit further economic damage from their tariff dispute - China has restricted rare earth exports, while Trump has threatened to impose 100% tariffs on Chinese goods.

Following the meeting, Trump announced that he had reduced the tariff on fentanyl from 20 per cent t...