Reported 18 days ago
In a significant turn of events, President Trump and China's Xi Jinping discussed potential tariff reductions during a recent summit in South Korea. Trump proposed eliminating tariffs on Chinese fentanyl if China takes steps to control its export flow, potentially reducing overall tariffs on Chinese goods. Additionally, Trump announced that China would resume buying large quantities of U.S. soybeans and work on energy transactions. Despite concerns over the sustainability of this truce, both leaders expressed hope for improved trade relations and stability in supply chains.
Source: YAHOO