United States President Donald Trump announced on Monday that he plans to visit China fairly early next year following an invitation from Beijing.
The statement came during a meeting at the White House with Australian Prime Minister Anthony Albanese.
Trump also expressed expectations of meeting Chinese President Xi Jinping later this month in South Korea to finalize a fair trade deal.
This comes despite recent escalations, including China's announcement of curbs on rare earths exports and Trump's threat to impose 100 percent tariffs on Chinese goods.
Only last week, tensions appeared to edge toward an all-out trade war.
US Treasury Secretary Scott Bessent accused China of threatening global supply chains with its export controls.
Current tariffs on Chinese imports stand at 30 percent, with Trump indicating that higher rates would take effect on November 1 if no agreement is reached.
He plans to impose US export controls on critical software starting next month.
China remains the United States' third-largest trading partner, with US imports from China totaling $438.9 billion last year and exports to China at $143.5 billion.
Trump highlighted the need for mutual prosperity, specifically urging China to resume purchases of US soybeans, which have suffered from the trade dispute.
Soybean futures on the Chicago Board of Trade reached their highest level in a month following his comments, reflecting market hopes for renewed buying.
Trump described China as respectful and noted that it is paying tremendous amounts in tariffs to the US.
Trump voiced confidence in his relationship with Xi, stating that the two countries will be just fine.
He dismissed a Pentagon assessment suggesting China plans to seize Taiwan by 2027, saying China does not want to pursue such action.
While acknowledging China's interest in Taiwan, Trump emphasized US military superiority as a deterrent.
He asserted that the US possesses the best of everything and nobody will mess with it.
Trump declined to specify whether he would adjust US support for Taiwan in any deal with Xi.
Earlier this month, Taiwan's President William Lai Ching-te committed to enhancing air defenses and increasing defense spending against hostile threats.
China claims Taiwan as its territory and has intensified military activities near the island.
The US provides defensive weapons to Taiwan under law but maintains strategic ambiguity on direct intervention.
In June, US Defense Secretary Pete Hegseth labeled China a regional threat, prompting a sharp rebuke from China's Ministry of Foreign Affairs.