President Trump announced an agreement with Chinese President Xi Jinping to ease their trade war following a meeting Thursday, with the U.S. scaling back tariffs and China delaying export controls and resuming some soybean purchases.

Trump told reporters aboard Air Force One that he agreed to cut fentanyl-related tariffs on Beijing in half, down to 10 percent from 20 percent, after speaking with Xi. He added that the reduction brings import taxes on Chinese goods down 10 percent, from 57 percent to 47 percent.

“Overall, I guess on the scale of zero to ten with ten being the best, I would say the meeting was a 12,” the president said.

In a post on Truth Social early Thursday, Trump laid out additional issues that the two countries agreed on during the meeting, including investment in U.S

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