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TRUMP CUTS TARIFFS ON CHINA AFTER MEETING XI IN SOUTH KOREA

October 31, 2025

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The Daily Guardian

President Donald Trump described his face-to-face with Chinese leader Xi Jinping on Thursday as a roaring success, saying he would cut tariffs on China, while Beijing had agreed to allow the export of rare earth elements and start buying American soybeans.

TRUMP CUTS TARIFFS ON CHINA AFTER MEETING XI IN SOUTH KOREA

U.S. President Donald Trump, left, and Chinese President Xi Jinping shake hands before their meeting at Gimhae International Airport in Busan, South Korea.

The president told reporters aboard Air Force One that the U.S. would lower tariffs implemented earlier this year as punishment on China for its selling of chemicals used to make fentanyl from 20% to 10%. That brings the total combined tariff rate on China down from 57% to 47%

"I guess on the scale from O to 10, with ten being the best, I would say the meeting was a 12," Trump said. "I think it was a 12."

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