U.S.-China Relations Ease: Trump Announces Tariff Cut and Trade Deal After Meeting Xi Jinping
In a significant diplomatic development, U.S. President Donald Trump met Chinese President Xi Jinping in Busan, South Korea — a move seen as a positive step toward reducing tensions between the two global powers.
10% Tariff Reduction:
President Trump announced a 10% reduction in tariffs on certain Chinese goods, signaling a potential thaw in the long-running trade conflict.
Trade Agreement Reached:
Trump claimed that both sides had agreed on a new trade deal, which could mark a turning point in U.S.-China economic relations after years of strained negotiations and mutual tariffs.
Action on Fentanyl:
China reportedly agreed to take strict measures against the production and trafficking of synthetic opioids like Fentanyl, a major cause of drug-related deaths in the United States. Trump described this as a crucial step in combating the U.S. opioid crisis.
Positive and Constructive Dialogue:
Trump hailed the meeting as “highly productive, positive, and wonderful,” emphasizing that it opened the door for stronger cooperation between Washington and Beijing.
Peace and Prosperity Ahead:
He expressed optimism that the discussion would reduce tensions and promote lasting peace and mutual prosperity.
Trump’s Message:
“May God bless both China and the United States,” the President said in his closing remarks.
The meeting comes amid ongoing friction between the two nations over trade, technology, and geopolitical influence. Experts believe that even a preliminary understanding between Washington and Beijing could bring relief to global markets and stabilize economic relations worldwide.