GYEONGJU, South Korea—U.S. President Donald Trump announced a series of trade deals Thursday after a meeting with Chinese Communist Party leader Xi Jinping and said he agreed to reduce tariffs on China in exchange for other economic concessions.
“I thought it was an amazing meeting,” Trump told reporters aboard Air Force One shortly after he departed Busan, South Korea, following the nearly two-hour-long meeting with Xi.
“It was a good meeting for two very large, powerful countries, and that’s the way we should get along.”
Tariffs will drop 10 percent—which brings levies on Chinese imports to 47 percent—with Beijing agreeing to resume purchasing soybeans from American farmers, allow for the export of rare earth metals, and mitigate the flow of dangerous fentanyl precursors….
Trump Says US Reached Tariff, Rare Earth Agreements With China After Xi Meeting
