Trump cuts fentanyl tariffs on China to 10%, says U.S. has reached rare earths deal with Beijing
The deal includes a tariff reduction from 57% to 47% and a one-year rare earth export agreement, with China also resuming large purchases of American soybeans.
- The President announced a reduction in fentanyl tariffs from 20% to 10% during a briefing aboard Air Force One.
- The U.S. and China have reached an agreement on rare earths and critical minerals, according to Trump.
- China has committed to enhancing measures against fentanyl trafficking and resuming imports of U.S. agricultural goods, as stated by Trump.
- Xi emphasized cooperation by saying that China and the U.S. should be partners and friends, highlighting mutual benefit.
484 Articles
484 Articles
Trump Mocked After China's President Xi Looks Absolutely Miserable To Meet Him In Cringey Video
MAGA Republican President Donald Trump met with Chinese President Xi Jinping in Busan, South Korea, before the Asian Pacific Economic Cooperation (APEC) summit that is set for October 31 – November 1 at Gyeongju, about 53 miles away from the site of their meeting.Trump isn't attending the summit, but made a stop in Gyeongju on Wednesday to meet with South Korean President Lee Jae Myung, address APEC attendees, and get some shiny new gold trinket…
Trump and Xi Agree to Deescalate U.S.-China Trade War After Face-to-Face Talks
President Trump says he’s agreed to a one-year trade truce with China that includes the rollback of some tariffs, following face-to-face talks in South Korea with Chinese President Xi Jinping. As part of the deal, Beijing agreed to postpone export controls on rare earth minerals and said it would crack down on fentanyl trafficking. China also agreed to resume buying American-made soybeans. We’ll have more on the Trump-Xi summit later in the broa…
Trump boasts after 'amazing' meeting with Xi, but China suggests trade deal isn't done
U.S. President Donald Trump said he had an “amazing” meeting Thursday with China’s top leader Xi Jinping that produced very important decisions. The first official Chinese comments on the meeting were less specific and suggested any trade deal is not done. Trump met with Xi on the sidelines of Pacific Rim summit gatherings in South Korea, where the two leaders agreed to dial back some of their trade measures and work together to resolve others. …
U.S.–China Rare Earths Truce Buys Time, Not Independence For Global Supply Chains
The United States and China have struck a one-year truce on rare earths after a summit in Busan on October 30, 2025. Washington will reduce overall tariffs on Chinese goods from about 57% to 47% and halve fentanyl-related duties to 10%. In return, Beijing will pause new export curbs on rare earth elements and resume […]
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