US EditionTrump 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.
469 Articles
469 Articles
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. …
Trump says tariffs will be cut after 'amazing' meeting with Xi Jinping
The leaders of the world's two biggest economies met in South Korea as they tried to defuse growing tensions - with both countries imposing aggressive tariffs on exports since the president's second term began.
'WE HAVE A DEAL': Trump, Xi Lock Down Trade Details During Historic Summit in South Korea
President Trump declared “we have a deal” Thursday after his first face-to-face meeting with Chinese President Xi Jinping since returning to the White House — calling the South Korean summit “a 12 out of 10.” Aboard Air Force One, the president spoke with the press, saying, “On the scale of 0 to 10, with 10 being the best, I would say the meeting was a 12,” he said. “We have a deal. Now, every year we will renegotiate the deal. But I think the d…
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