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Trump and China’s Xi meet to try to roll back trade tensions

October 29, 2025
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Trump and China’s Xi meet to try to roll back trade tensions
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Skip next section Trump: Relationship with China ‘very good,’ could cut fentanyl tariff

10/30/2025October 30, 2025

Trump: Relationship with China ‘very good,’ could cut fentanyl tariff

Aboard Air Force One on his way to South Korea, US President Donald Trump told reporters he may reduce tariffs that he placed on China earlier this year related to its role in making fentanyl.

“I expect to be lowering that because I believe that they’re going to help us with the fentanyl situation,” Trump said, later adding, “The relationship with China is very good.”

China is the main source of fentanyl precursors, the chemicals used to make the opiod fentanyl, which is one of the main contributors to fatal overdoses in the .

20% of  on China have been tied to the country’s role in fentanyl production.

In the days leading up to the meeting, US officials also signaled that Trump doesn’t intend to make good on a recent threat to impose an additional 100% import tax on Chinese goods.

On October 10, Trump threatened a 100% import tax because of China’s rare earth restrictions.

It’s not the first threat of significant tariffs. In April, Trump announced plans to jack the rate on Chinese goods to 145%, only to abandon those plans as markets recoiled.

https://p.dw.com/p/52nkz

Skip next section Welcome to our coverage10/30/2025October 30, 2025

Welcome to our coverage

is meeting face-to-face with .

It’s a chance for the leaders of the world’s two largest economies to stabilize relations after months of turmoil over trade issues and tariff threats.

We’ll bring you news, information and analysis as it comes in. 

https://p.dw.com/p/52njM

The post Trump and China’s Xi meet to try to roll back trade tensions appeared first on Deutsche Welle.

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Asian shares, oil prices fall back following Trump’s meeting with Chinese leader Xi
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Asian shares, oil prices fall back following Trump’s meeting with Chinese leader Xi

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