Trump Meets With Xi, Declares Immediate Cut to Fentanyl Tariffs

The Wall Street JournalThursday, October 30, 2025 at 5:38:00 AM
Trump Meets With Xi, Declares Immediate Cut to Fentanyl Tariffs
President Trump recently announced a significant step towards easing trade tensions with China by agreeing to cut tariffs on Chinese goods. This decision follows a productive meeting with Chinese leader Xi Jinping, where both leaders reached an understanding that China would also relax its controls on rare-earth exports. This development is crucial as it signals a potential thaw in U.S.-China relations, which could benefit both economies and global markets.
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