Trump and Xi Reach Trade Truce Amid Tariff Debates

Reported about 11 hours ago

President Trump and Chinese leader Xi Jinping concluded a pivotal 90-minute meeting aimed at solidifying a trade and tariff truce, easing tensions from their ongoing trade war. Trump announced a temporary suspension of rare earth export controls by China and a reduction of US tariffs on fentanyl-related goods from 20% to 10%. China has also agreed to significantly increase its purchases of US soybeans immediately. Both leaders expressed optimism for future negotiations, although the long-term sustainability of this agreement remains uncertain.

Source: YAHOO

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