Xi-Trump meeting sparks optimism in China amid hope for lower tariffs and a 'honeymoon' in ties
Update: 2025-10-30
Description
On October 30th, a high-profile meeting between President Xi Jinping and U.S. President Donald Trump sparked hope in China, with social media buzzing about the summit. The meeting, though not resulting in immediate tariff reductions, was seen as a positive step towards lowering tensions and opening negotiations. Experts believe that if tariffs drop to below ten percent, it could significantly boost trade, investment, and cooperation between the two nations. President Trump announced a cut in fentanyl-related tariffs, but did not address Chinese companies' hopes for freer investment in the U.S. Chinese businesses, eager for policy certainty, expressed cautious optimism, with many hoping for more opportunities abroad. Official Chinese media initially downplayed the meeting but later emphasized cooperation, as most people welcomed the possibility of better relations between Washington and Beijing.
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