DiscoverMarkets & Money Today | 2 Min News | The Daily News Now!Trump’s big concession to Xi is loaded with red flags
Trump’s big concession to Xi is loaded with red flags

Trump’s big concession to Xi is loaded with red flags

Update: 2025-10-30
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**Summary:**President Trump and China's Xi Jinping reached a deal, lowering tariffs on Chinese goods by ten percent, potentially easing economic tension and relieving American shoppers from higher prices. However, the agreement comes with risks, including China's past broken promises and potential strain on relations with allies like Mexico and Canada. The Trump administration aims to balance improved trade with China against the potential fallout with its closest partners.

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Trump’s big concession to Xi is loaded with red flags

Trump’s big concession to Xi is loaded with red flags