Trump leaves meeting with China promising a tariff lowering and some near-term stability in the relationship
Update: 2025-10-30
Description
President Trump and President Xi Jinping's South Korea summit results in a US-China trade deal, including a cut in fentanyl-related tariffs, increased soybean purchases, suspended shipping fees, and a potential presidential visit. The agreement brings relief to global markets, but tough issues remain unresolved, and future discussions on topics like Nvidia's status in China and TikTok's US spin-off are still ongoing.
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