President Trump announced Wednesday that he plans to lower his 20% tariff on China over fentanyl exports that killed about 330,000 Americans over the past five years — predicting that Chinese President Xi Jinping will make a "big step" when they meet Thursday.
President Trump said he will cut tariffs on Chinese imports after meeting with Xi Jinping, citing progress on fentanyl enforcement and rare-earth exports.
The president said he chose to lower his combined tariff rates on imports of Chinese goods under 50% after talks with Chinese leader Xi Jinping on curtailing fentanyl trafficking.
President Donald Trump is cutting tariffs on China after the country agreed to open up to United States Agriculture, President Donald Trump detailed in a Truth Social post.
State of the Union: The U.S. will lower its tariff rate from 57 to 47 percent as Beijing pledges to crack down on fentanyl precursors and resume farm imports.
President Donald Trump revealed plans to reduce tariffs on China and announced new trade agreements following a meeting with Chinese President Xi Jinping.
President Trump said he would cut tariffs on China and praised his meeting with Chinese President Xi Jinping on Thursday, calling it “truly great” in a social media post. He told reporters on Air Force One that the U.S. would decrease tariffs levied on China because of fentanyl by 10 points.
Trump said the US would reduce tariffs on China from 57% to 47%, while Beijing is expected to ensure rare earth supply, buy US soybean and crack down on fentanyl trafficking. DW has more.
The president said he would cut tariffs on China, while Beijing had agreed to allow the export of rare earth elements and start buying American soybeans.
ABOARD AIR FORCE ONE (AP) — President Donald Trump described his face-to-face with Chinese leader Xi Jinping on Thursday as a roaring success, saying he
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.
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Trump cuts tariffs on China after meeting Xi in South Korea | Since Then