US EditionTrump cuts fentanyl tariffs on China to 10%, says U.S. has reached rare earths deal with Beijing
Trump and Xi agreed on a one-year rare earths supply deal and tariff cuts, including a 10% reduction on fentanyl-related tariffs, aiming to ease trade tensions and boost agricultural purchases.
- 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.
330 Articles
330 Articles
Trump says he has deals with China after meeting Xi to try to solve trade tensions. Follow live updates. - The Boston Globe
The president said the US will lower tariffs implemented earlier this year as punishment on China for its selling of chemicals used to make fentanyl.
The agreements reached point by point. Beyond the enthusiastic budget of the US President and the more cautious one of the Chinese leader
China has confirmed that it is suspending certain restrictions on rare earth trade for a year after a summit meeting with Donald Trump. This suspension is more like a suspension called "capitulation" by observers than a lasting appeasement, especially for the...
Trump-Xi talks end in truce, not deal, with new potent risks
US President Donald Trump and Chinese President Xi Jinping finally met in Busan, South Korea, for long-awaited talks aimed at easing trade tensions. If that was the objective, it was only narrowly achieved: the US “fentanyl tariffs” on China were halved—from 20% to 10%—bringing Chinese tariff levels closer to those of other Asian economies. In […] The post Trump-Xi talks end in truce, not deal, with new potent risks appeared first on Asia Times.
Coverage Details
Bias Distribution
- 50% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
