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Did Trump and Xi make progress on trade talks?

Asked 7 hours ago

Answer

Trump and Xi make progress on trade talks, agreeing to reduce tariffs, resume U.S. soybean sales to China, and ease restrictions on rare earth exports. Both leaders express optimism, with Trump calling the meeting a success and Chinese state media confirming consensus on key issues. The agreement marks a de-escalation of tensions but does not resolve deeper structural disputes.

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CBS News

Trump says he's reached a deal with China's Xi

CBS News · Recent
CBS News
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Recent
  • Trump and Xi Jinping met for the first time since 2019 to discuss trade relations. 3s
  • Trump announced a preliminary trade deal, including a 10% reduction in U.S. tariffs on Chinese goods and commitments from China on fentanyl and rare earth minerals. 19s
  • China agreed to resume buying American soybeans and to ease restrictions on rare earth mineral exports. 37s
  • Trump stated he plans to visit China in April as part of ongoing efforts to improve relations. 1m 0s
  • Trump announced intentions to resume U.S. nuclear weapons testing and to share submarine technology with South Korea. 1m 26s
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References

Trump says he's reached a deal with China's Xi
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CBS News
20 hours ago
Trump says he's reached a deal with China's Xi

Trump states they have a deal that could be signed soon, including a 10% reduction in U.S. tariffs, China's commitment to curb fentanyl exports, resume soybean purchases, and ease rare earth export restrictions.

Albanese attends APEC Summit as Trump, Xi meet amid trade tensions
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10 News First
1 day ago
Albanese attends APEC Summit as Trump, Xi meet amid trade tensions

Both leaders agree to reduce U.S. tariffs on Chinese goods from 57% to 47%, and China commits not to impose new rare earth export restrictions.

Trump, Xi Jinping meet face-to-face in South Korea over trade
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CBS News
1 day ago
Trump, Xi Jinping meet face-to-face in South Korea over trade

Trump expresses optimism after breakthrough talks, with the U.S. likely to drop the threat of an additional 100% tariff and China expected to resume soybean purchases.

What to expect from Trump meeting with Xi Jinping
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CBS America
2 days ago
What to expect from Trump meeting with Xi Jinping

Trump is optimistic about striking a deal, with talks expected to address easing tariffs and cooperation on critical minerals, though no sweeping agreement is anticipated.

Trump carries Asia deal-making momentum into Xi meeting
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DW News
2 days ago
Trump carries Asia deal-making momentum into Xi meeting

Talks result in a sharp drop in tariffs, with both sides agreeing to a framework for a trade deal and shelving new tariff plans.

What to expect from Trump's meeting with Xi
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CBS News
3 days ago
What to expect from Trump's meeting with Xi

Both sides agree on a framework for a trade deal, including increased Chinese purchases of U.S. soybeans and a rare earth minerals deal, marking a de-escalation of trade tensions.

Trump lands in Japan with U.S.-China deal in sight
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CBS News
4 days ago
Trump lands in Japan with U.S.-China deal in sight

Treasury Secretary reports a breakthrough in talks, with both sides stepping back from damaging tariff threats and China resuming U.S. soybean purchases.

U.S.-China trade deal closing in ahead of meeting between Trump and Xi
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Euronews
4 days ago
U.S.-China trade deal closing in ahead of meeting between Trump and Xi

Officials indicate both sides are eager to reach a deal, with Trump expressing confidence that an agreement is nearby despite recent tensions over tariffs and rare earth exports.

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