US EditionTrump, Xi to discuss tariff cuts tied to China’s fentanyl crackdown, WSJ reports
- On October 30, US President Donald Trump will meet Chinese President Xi Jinping on the sidelines of the APEC CEO Summit in Busan, South Korea, in a high-stakes, trade-focused summit.
- After 10 months of tit‑for‑tat measures, the leaders agreed to meet following Trump's tariff war this year, the fragile June truce, and China's October rare earth export curbs.
- TikTok and its US ownership are expected on the leaders' agenda, with Trump pressing Beijing on fentanyl trafficking and related 20 per cent tariffs while semiconductor access remains contentious.
- Analysts say the TikTok sale could be finalised during the meeting as Beijing's soybean cargo purchases benefit US farmers, while the November 10 deadline for trade truce risks tariff surges if talks fail.
- Experts caution expectations remain modest for deep de‑escalation as China negotiates from parity and the US pursues rare‑earth deals with Australia, Malaysia, Japan and others to shift supply chains.
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Tariffs falling, tensions rising – The new chapter in the Sino-American war after Trump's meeting with Xi - What the deal with Xi Jinping and the US President's "playing with fire" means
Agreements reached on tariffs, fentanyl during Trump-Xi meeting
GYEONGJU, South Korea — President Donald Trump said Thursday after meeting with Chinese President Xi Jinping that he was lowering tariffs in exchange for a crackdown on fentanyl and that he would visit China in April.
Trump’s big concession to Xi is loaded with red flags
President Donald Trump made an extraordinary concession in his landmark deal with Chinese leader Xi Jinping Thursday: In exchange for promises that China will crack down on fentanyl, the United States will shave 10% off the tariffs it charges on Chinese goods.
The meeting, the first since 2019, marks a truce in the trade war between China and the US: 10% reduction of duties on fentanyl and agreement on rare earths
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