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'It Was an Amazing Period of Time': Trump Returns to White House Optimistic After China Summit
Trump said the leaders focused on trade and fentanyl-related issues, while a tariff truce and new tariff cuts were not discussed.
- On Friday, President Donald Trump concluded talks in Beijing with the Chinese President, telling reporters aboard Air Force One, "We didn't discuss tariffs. They're paying substantial tariffs, but we didn't discuss."
- The leaders previously brokered a one-year truce in October in South Korea to ease a blistering trade war where tariffs on many goods exceeded 100 per cent, though that agreement expires later this year.
- Trade Ambassador Jamieson Greer said earlier today the two sides discussed creating a "Board of Trade" that would see tariffs reduced on at least $30 billion in noncritical goods.
- Trump confirmed the two sides outlined efforts to reduce fentanyl precursor chemical flows, and China agreed to purchase two hundred Boeing airplanes despite market expectations of three hundred to five hundred planes.
- With China's record trade surplus fueling what critics call a "China shock 2.0," the leaders are scheduled to meet again in September in Washington and later in Shenzen, potentially deferring tougher negotiations.
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'It was an amazing period of time': Trump returns to White House optimistic after China summit
President Donald Trump is returning to Washington after a summit in China, where discussions included sanctions, Taiwan, and the war in Iran, but left questions about tariffs and other topics unanswered.
·Milwaukee, United States
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Times of IndiaReposted by 
The Economic Times
The Economic TimesPOTUS: China is paying substantial tariffs, but we didn't discuss levies
While Trump maintained the leaders this week spoke about "almost everything you can discuss, except for a reduction of tariffs," he did allow that the two sides outlined efforts to reduce the flow of precursor chemicals used in the production of fentanyl. Trump has cited fentanyl flows in imposing some of the levies he placed on China.
·India
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Coverage Details
Total News Sources67
Leaning Left4Leaning Right13Center28Last UpdatedBias Distribution62% Center
Bias Distribution
- 62% of the sources are Center
62% Center
C 62%
R 29%
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