November 2, 2025 3:06 PM
What did Trump, Xi agree to on tariffs, export controls and fentanyl
The White House on Saturday released details about the agreement that U.S. President Donald Trump reached this week with Chinese President Xi Jinping to de-escalate their countries’ trade war, including U.S. tariff reductions and a pause in Beijing's new restrictions on rare earth minerals and magnets. The deal, which also includes resumption of Chinese purchases of American soybeans, averts Trump's threatened 100% tariff on Chinese goods and extends a delicate trade truce between the world's...