Donald Trump said 600,000 Chinese students would be allowed into the U.S. to study at colleges amid ongoing trade talks with China.Speaking at the White House Monday, the president's announcement signals a potential thaw in U.S.-China relations after escalating tariffs and restrictions on Chinese students."I hear so many stories that we're not going to allow their students," Trump told reporters."We're going to allow their students to come in. It's very important, 600,000 students. It's very important. But we're going to get along with China," he added.TRUMP CONSIDERING MEETING WITH CHINA'S XI IN THE NEAR FUTURE AMID POSSIBLE TARIFF PAUSE EXTENSIONTrump’s student visa offer comes against the backdrop of trade talks with the Chinese government.Earlier this year, the administration imposed a 145% tariff on all Chinese goods, prompting Beijing to retaliate with a 125% tariff on U.S. exports.Negotiators in Geneva agreed in May to pause additional levies, but Trump has continued to warn of further penalties.Last week, he floated a 200% tariff on Chinese-made magnets, citing what he described as Beijing’s "monopoly" over the global market.CHINA’S OIL TIES WITH RUSSIA AND IRAN ARE TRADE FLASHPOINTS, US SAYS"I don’t think we’re going to have a problem with that," Trump told reporters."China, intelligently, went and they sort of took a monopoly on the world’s magnets. It’ll probably take us a year to have them," he said.Currently, about 270,000 Chinese students are enrolled in U.S. universities.In May, Secretary of State Marco Rubio announced plans to "aggressively revoke" visas for Chinese nationals, particularly those tied to the Communist Party or sensitive research fields.Trump has since shifted tone, telling reporters in June that he has "always been in favor" of welcoming students from China.CHINESE NATIONALS WHO INFILTRATED US UNIVERSITIESTrump’s remarks on admitting Chinese students came ahead of a meeting with South Korean President Lee Jae Myung.When he was asked about a possible summit with Chinese President Xi Jinping, he sounded positive. He said he would like to meet him this year."As you know, we're, we're taking a lot of money in from China because of the tariffs and the different things. It's a very important relationship," Trump said. "It's a much better relationship economically than it was before with Biden. But he allowed that. They just took him to the cleaners."