"President Trump said he and Chinese leader Xi Jinping "agreed to almost everything" in their nearly two-hour meeting in South Korea, which Trump said was "friendly." It was Trump's last event after a week of summits, trade talks and other diplomatic events in the Indo-Pacific. On the flight back to Washington, Trump told reporters traveling with him that he would rate the meeting with Xi "on a scale from zero to 10, with 10 being the best, I would say the meeting was a 12.""
"The decisions that were made included lowering tariffs on Chinese exports from 57% to 47% which Trump said was because of Xi's commitment to decrease the flow of fentanyl. "I believe he's going to work very hard to stop the death that's coming in," Trump said. China will also begin repurchasing soybeans from the U.S. The pause thus far has been detrimental to farmers."
President Trump said he and Xi Jinping agreed to almost everything during a nearly two-hour meeting in South Korea and described the talks as friendly. Trump rated the meeting a 12 out of 10 and said many decisions were made. The agreements include lowering tariffs on Chinese exports from 57% to 47% linked to Xi's commitment to reduce fentanyl flows, restarting Chinese soybean purchases, and reversing China's rare-earth export limits for one year. The U.S. will scale back some export restrictions as part of the deal. Trump and Xi scheduled reciprocal visits next year. The White House has not released full details.
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