Speaking to the media at the start of their talks, the leaders of the US and China indicated that they were prepared to declare a truce on some key issues

Live coverage: Xi says US and China should be ‘partners and friends’

What are the key issues open on the table?

Donald Trump has said he will have a “successful meeting” with the Chinese leader Xi Jinping as the two men began highly anticipated trade talks in South Korea.

Speaking to the media at the start of their talks at Gimhae airbase in the port city of Busan on Thursday, Xi and Trump indicated that they were prepared to declare a truce on key issues including the threat of additional US tariffs on Chinese goods and Beijing’s current restrictions on exports of rare earth minerals.