BUENOS AIRES (Kyodo) -- The following is the gist of a White House statement issued after a meeting between U.S. President Donald Trump and Chinese President Xi Jinping on Saturday in Buenos Aires.
-- Trump holds off planned U.S. tariff increase from 10 percent to 25 percent on $200 billion worth of Chinese imports.
-- China will buy "very substantial amount" of U.S. farm, energy, industrial product to reduce bilateral trade imbalance.
-- China agrees to start buying agricultural product from American farmers immediately.
-- Trump, Xi will immediately begin talks on issues such as forced technology transfer and intellectual property protection.
-- U.S. will raise 10 percent tariffs to 25 percent if the two sides fail to reach agreement on resolving such issues in 90 days.
-- Trump, Xi will strive to achieve nuclear-free Korean Peninsula in cooperation with North Korean leader Kim Jong Un.