LeadStory

CBS News

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

CBS News · Just In
CBS News
CBS News
Just In

President Trump said he's reached a deal with Chinese President Xi Jinping that could be signed "very soon." Mr. Trump says the U.S. will reduce tariffs on Chinese goods by 10% as China works to reduce the flow of fentanyl.

Breakdown
  • 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
BusinessInternational Politics