Trump claims Asia tour returned 'trillions' to US ahead of critical meeting with China's Xi

President Donald Trump prepares to meet China's Xi Jinping after securing trade deals across Asia that he claims bring trillions of dollars back to the U.S.

President Donald Trump toasts state leaders during a dinner event hosted by South Korean President Lee Jae Myung in Gyeongju, South Korea, on Wednesday, Oct. 29, 2025. (Mark Schiefelbein/AP Photo)

While en route to South Korea, where he is expected to meet with Xi, Trump told reporters on Air Force One that fentanyl trafficking would be one of the focuses of the meeting. He also said he expected to make progress on "a lot of problems," including trade and tariffs.

"The two heads of state will have in-depth communications on strategic and long-term issues," a spokesperson for China's Foreign Ministry told Reuters, confirming the highly anticipated meeting.

While abroad, Trump inked deals with Malaysia, Thailand, Cambodia, Japan and South Korea. He also worked out reciprocal trade frameworks with Thailand and Vietnam. The trade agreements with Malaysia and Cambodia eliminated or significantly reduced tariffs on U.S. exports. The White House said that under these agreements, non-tariff barriers will be addressed and market access for U.S. products will be expanded. 

President Donald Trump, with Japanese Prime Minister Sanae Takaichi, speaks to members of the military aboard USS George Washington, an aircraft carrier docked at an American naval base, in Yokosuka, Tuesday, Oct. 28, 2025. (AP Photo/Mark Schiefelbein)

TRUMP PREDICTS ‘VERY HAPPY’ OUTCOME AHEAD OF FACE-TO-FACE WITH CHINA’S XI AFTER TARIFF THREATS

While in South Korea, Trump secured deals that the White House said were worth billions. This includes a deal in which Korean Air will purchase 103 new Boeing aircraft valued at $36.2 billion. In another deal, the Korea Gas Corporation committed to purchasing 3.3 million tons of U.S. liquefied natural gas per year via long-term agreements with sellers.

South Korea gifted Trump with the "Grand Order of Mugunghwa," the country's highest decoration, according to Reuters. He also received a replica of a royal crown from the ancient Silla Kingdom, symbolizing Seoul's recognition of his prior diplomatic efforts.

Thai Prime Minister Anutin Charnvirakul and Cambodian Prime Minister Hun Manet shake hands following the signing of a Cambodia-Thailand peace deal as President Donald Trump reacts on Oct. 26, 2025, in Kuala Lumpur, Malaysia. (Andrew Harnik/Getty Images)

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Additionally, Trump kicked off his trip at the signing of the Kuala Lumpur Peace Accords, ending the military conflict between Cambodia and Thailand. Trump had previously threatened higher tariffs against both countries to push them into agreeing to end the fighting, which left dozens of people dead and hundreds of thousands displaced.

While Trump expressed openness to sitting down with North Korean dictator Kim Jong Un, no meeting has been scheduled.

Fox News Digital's Landon Mion and Christina Shaw contributed to this report.

Rachel Wolf is a breaking news writer for Fox News Digital and FOX Business.

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