Trump and Xi Jinping Announce Tariff Reductions and Stability in US-China Relations

Reported about 7 hours ago

In a significant meeting in Busan, President Trump declared a halving of US tariffs on Chinese fentanyl-related goods, promising renewed stability in trade relations with China. The agreement includes China's commitment to maintain rare earth mineral exports and an increase in US soybean purchases. Although details are to be finalized soon, the agreement is seen as a positive step towards easing tensions between the two countries, with analysts cautioning that underlying issues remain unresolved.

Source: YAHOO

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