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Trump cuts China tariffs by 10% after deal with Xi
Financial Express Chennai
|October 31, 2025
Pause on rare earth curbs; Beijing to buy 12 mn tonne soybean
US PRESIDENT DONALD Trump said on Thursday he had agreed with President Xi Jinping to trim tariffs on China in exchange for Beijing cracking down on the illicit fentanyl trade, resuming US soybean purchases and keeping rare earths exports flowing.
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