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Trump cuts tariffs on China after meeting Xi
The Philippine Star
|October 31, 2025
US President Donald Trump described his face-to-face meeting 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.
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The president told reporters aboard Air Force One that the US would lower tariffs implemented earlier this year as punishment on China for its selling of chemicals used to make fentanyl from 20 percent to 10 percent. That brings the total combined tariff rate on China down from 57 percent to 47 percent.
"I guess on the scale from 0 to 10, with 10 being the best, I would say the meeting was a 12," Trump said. "I think it was a 12."
Esta historia es de la edición October 31, 2025 de The Philippine Star.
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