By Jihoon Lee and Ju-min Park GYEONGJU, South Korea (Reuters) -Chinese President Xi Jinping will wrap up his three-day visit to South Korea on Saturday with a state visit hosted by President Lee Jae Myung,

Trump flew back to Washington on Thursday after talks with Xi in South Korea in which the American president agreed to cut tariffs on China in exchange for Chinese action to crack down on the drug fentanyl trade, resume buying U.S. soybeans and keep rare earths exports flowing.

Donald Trump and Xi Jinping have agreed to postpone export controls on rare earths and chips as part of a broad one-year trade deal reached by the US and Chinese leaders at a summit in South Korea.

By Jihoon Lee, Eduardo Baptista and Ju-min Park GYEONGJU, South Korea (Reuters) -South Korea played host but all eyes were on China's Xi Jinping at an annual gathering of Pacific Rim leaders on Friday,

Chinese President Xi Jinping offered these words to President Trump before their private meeting on Thursday in South Korea: PRESIDENT XI JINPING (through translator): President Trump, it is a great pleasure for me as well to meet you.