Trump announces tariff cuts and Chinese purchase commitments after Xi meeting
The terms were announcements and commitments; the record does not count promised purchases as realized trade.
Entities and roles
- Xi JinpingChinese counterpart in the negotiations
- 2025 Trump-Xi Busan meetingmeeting producing announced terms
- Donald J. Trumppresident announcing U.S. tariff changes
Relationships in this file
- Donald J. Trumpcounterpart in announced trade de-escalationXi Jinping
Claims and evidence
- factdocumented
After meeting Xi, Trump said the United States would reduce fentanyl-related tariffs on Chinese goods from 20% to 10%, while U.S. officials announced Chinese commitments on rare-earth exports and soybean purchases; Associated Press cautioned that several terms were temporary or unconfirmed and largely unwound prior escalation.
- Associated Press: Trump cuts tariffs on China after meeting Xi in South KoreaAnnounced tariff, rare-earth, and soybean terms; AP implementation caveats
- Associated Press: Deal between the US and China is undoing damage from a self-inflicted trade warAnnounced tariff, rare-earth, and soybean terms; AP implementation caveats