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Trump announces tariff cuts and Chinese purchase commitments after Xi meeting

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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.

Date
2025-10-30
Evidence status
documented
Current status
Terms announced; performance not assumed

The ledger

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