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Trump cuts tariffs on China after meeting Xi in South Korea

Associated Press

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  1. documented

    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.

    Announced tariff, rare-earth, and soybean terms; AP implementation caveats

    Trump announces tariff cuts and Chinese purchase commitments after Xi meeting · Terms announced; performance not assumed

  2. documented

    Donald Trump met Chinese President Xi Jinping at Gimhae International Airport in Busan on October 30, 2025 for bilateral trade talks.

    White House gallery captions and AP meeting report

    Trump meets Xi in Busan for bilateral trade talks · Trump and Xi met in Busan on October 30, 2025