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
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Global Tariffs
Donald Trump has signed an order to impose tariffs imports into the U.S. from countries including China, Mexico and Canada.