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Trump, Xi reach deal to cut tariffs and boost trade

October 30, 2025
in News
Trump and China’s Xi meet to try to roll back trade tensions
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Skip next section Beijing confirms Trump will travel to China next year

10/30/2025October 30, 2025

Beijing confirms Trump will travel to China next year

A spokesperson said on Thursday that US President Donald Trump will visit China in 2026.

Earlier, following the talks between and in South Korea, the US president said Xi was also expected to visit the United States.

“I’ll be going to China in April, and he’ll be coming here sometime after that, whether it’s in Florida, Palm Beach or Washington, DC,” Trump told reporters aboard Air Force One.

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

Skip next section US to reduce tariffs on China from 57% to 47%, says Trump

10/30/2025October 30, 2025

US to reduce tariffs on China from 57% to 47%, says Trump

US President Donald Trump called his meeting with his  a “great success” on Thursday, saying the two leaders agreed to a deal which would see the US on China from 57% to 47%.

In return, Beijing would keep China’s rare earth exports flowing.  Trump added that China would also buy “tremendous amounts” US soybean and crack down on fentanyl trafficking. The agreement is to stay in force for at least one year.

The two-hour meeting on the sidelines of the APEC summit in Busan, South Korea marked the first in-person meeting between Xi and Trump since 2019.

called Xi a “tremendous leader of a very powerful country” and said several issues were “brought to finalization” at the meeting.

The US president also added that the two leaders would be visiting each other’s countries.

“I’ll be going to China in April, and he’ll be coming here sometime after that, whether it’s in Florida, Palm Beach or Washington, DC,” Trump told reporters on Air Force One.

Chinese markets surged on hopes of easing trade tensions.

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

Skip next section Trump says he cut fentanyl tariffs on China to 10%

10/30/2025October 30, 2025

Trump says he cut fentanyl tariffs on China to 10%

After talks with Xi Jinping, Donald Trump said that he had agreed to cut fentanyl-related tariffs on China to 10% from 20%. He announced that the dispute between China and the United States had been “settled.”

The US president also said his meeting with Chinese leader Xi Jinping resulted in a one-year deal to supply crucial rare earths.

“All the rare earths has been settled, and that’s for the world,” Trump told reporters aboard Air Force One, adding that the deal would be renegotiated annually.

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

Skip next section US soybean farmers battered by US-China trade war

10/30/2025October 30, 2025

US soybean farmers battered by US-China trade war

The US has been caught in the crossfire of the US-China trade war. Soybean growers have been the hardest hit, seeing a $3 billion (€2.6 billion) drop in trade with China in the first half of 2025 compared with the same period in 2024.China has traditionally been the biggest customer of US soybeans, buying nearly half of the crop in 2024.

But Chinese retaliatory tariffs on soybeans effectively halted US sales of the legume to China from May onwards.

Brazil and Argentina have rushed in to fill the gap.

Ahead of the Xi-Trump meeting, Treasury Secretary Scott Bessent, who had led trade negotiations with Chinese officials last week, directly addressed the concerns of soybean farmers.

“When the announcement of the deal with China is made public… our soybean farmers will feel very good about what”s going on, both for this season and the coming seasons, for several years,” he told US broadcaster ABC news earlier in the week. 

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

Skip next section Trump, Xi meeting over; no comments to press

10/30/2025October 30, 2025

Trump, Xi meeting over; no comments to press

The meeting between Xi Jinping and Donald Trump is over.

Trump has reportedly boarded his Air Force One plane and left South Korea for the United States. 

The two leaders talked for about an hour and 40 minutes.

They made no comments to journalsits at the end of the talks. The outcome of the talks was not immediately clear.

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

Skip next section Trump orders US nuclear testing for first time in more than 30 years

10/30/2025October 30, 2025

Trump orders US nuclear testing for first time in more than 30 years

Shortly before landing in Busan for his meeting with Xi, Trump posted that he would step up testing of . 

In the post on his Truth Social platform, the US president said that he had instructed the defense department to “immediately” start testing nuclear weapons “because of other countries (sic) testing programs.”

His post followed Russian President ‘s announcement on Wednesday that Russia had successfully tested a Poseidon nuclear-powered super torpedo. 

Military analysts say the weapon, which can be nuclear armed, is capable of devastating coastal regions by triggering vast radioactive ocean swells.

Just days earlier, Russia also tested a new nuclear-capable Burevestnik cruise missile and also held nuclear launch drills.

Russia has the most nuclear weapons after the US, Trump noted is post. “China is a distant third, but will be even within 5 years,” he wrote.

There was no indication that the US would start detonating warheads.

The US last tested a nuclear weapon in 1992 underground in Nevada. From 1945 to 1992, the United States conducted 1,030 nuclear tests, far more than any other country.

The US-based Arms Control Association has a great fact sheet about which countries conducted nuclear arms testing and whereif you want to know more.

https://p.dw.com/p/52nn2

Skip next section Xi: US and China have a basic consensus on a deal

10/30/2025October 30, 2025

Xi: US and China have a basic consensus on a deal

In his preliminary statement, Xi Jinping also told Donald Trump that trade negotiators from both countries had reached a basic consensus on a trade deal. 

Officials from both countries met last week in Malaysia to lay the groundwork for their leaders.

Afterward, China’s top trade negotiator Li Chenggang said they had reached a “preliminary consensus.”

That statement was affirmed by US Treasury Secretary Scott Bessent, who on Sunday told broadcaster NBC that he believed “we have the framework for the two leaders to have a very productive meeting for both sides.”

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

Skip next section Xi: US and China should be ‘partners’ despite ‘frictions’

10/30/2025October 30, 2025

Xi: US and China should be ‘partners’ despite ‘frictions’

At the start of the meeting with Donald Trump, Chinese President Xi Jinping said the US and China should be “partners and friends” despite “frictions.”

“Given our different national conditions, we do not always see eye to eye with each other,” he said through a translator. “It is normal for the two leading economies of the world to have frictions now and then.”

But, Xi added, the two countries should strive to be “partners and friends.”

“China and the US can jointly shoulder our responsibility as major countries and work together to accomplish more great and concrete things for the good of our two countries and the whole world,” Xi said.

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

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, Xi reach deal to cut tariffs and boost trade appeared first on Deutsche Welle.

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