ABOARD AIR FORCE ONE (Reuters) -U.S. President Donald Trump said on Thursday that the United States will cut its tariffs on Chinese goods related to fentanyl to 10% from 20%, after his summit with Chinese President Xi Jinping in South Korea.
Xi will work “very hard to stop the flow” of fentanyl, Trump said, and the tariff was reduced “because I believe they are really taking strong action.”
Trump said a great deal of decisions were made in his summit with Xi Jinping, describing it as “an amazing meeting.”
China will purchase “tremendous amounts” of U.S. soybeans and other farm products “starting immediately”, and a one-year agreement on rare earths has been reached which will be extended after a year, Trump said.
“They’re not going to impose the rare earth controls,” he said.
Trump ha

104FM WIKY

CNBC
ABC News
Local News in D.C.
Click2Houston
America News
FOX 28
Associated Press US and World News Video
Raw Story