President Trump Announces Tariff Cuts on China Following Meeting with Xi Jinping in South Korea

PTI, ABOARD AIR FORCE ONE, OCT 30, 2025 : President Donald Trump described his face-to-face meeting with Chinese leader Xi Jinping on Thursday as a roaring success, saying he would cut tariffs on China, while Beijing had agreed to allow the export of rare earth elements and start buying American soybeans.

The President told reporters aboard Air Force One that the U.S. would lower tariffs implemented earlier this year as punishment on China for its selling of chemicals used to make fentanyl from 20 per cent to 10 per cent. That brings the total combined tariff rate on China down from 57 per cent to 47 per cent.

"I guess on the scale from 0 to 10, with ten being the best, I would say the meeting was a 12," Trump said. "I think it was a 12," he stated.

Trump said that he would go to China in April and Xi would come to the U.S. "sometime after that."

The President said they also discussed the export of more advanced computer chips to China, saying that Nvidia would be in talks with Chinese officials.

Show Your Ads

FOR MATTERS RELATED TO ADVERTISEMENTS (tariff, requests and availability) mail to thulungakrai@gmail.com or kalimpongpress@gmail.com or newskalimpong@gmail.com

Kalimpong Press Club is a registered organisation having Registration No. S/1L /17670 issued by the Registrar of Firms, Societies and Non-trading Corporations, West Bengal in accordance to the West Bengal Society Registration Act 1961 and is being continuously renewed.

Its members are members of Eastern Himalayan Journalists' Union having Registration No.28463 of 2013 (registered under Trade Unions Act, 1926) which is affiliated to the Indian Journalists' Union (IJU). IJU is an affiliate of the International Federation of Journalists, world's largest organisation of journalists, established in 1926, representing around 600,000 journalists in 187 unions and associations accross 146 countries worldwide.

0 Response to "President Trump Announces Tariff Cuts on China Following Meeting with Xi Jinping in South Korea "

Post a Comment

Disclaimer Note:
The views expressed in the articles published here are solely those of the author and do not necessarily reflect the official policy, position, or perspective of Kalimpong News or KalimNews. Kalimpong News and KalimNews disclaim all liability for the published or posted articles, news, and information and assume no responsibility for the accuracy or validity of the content.
Kalimpong News is a non-profit online news platform managed by KalimNews and operated under the Kalimpong Press Club.

Comment Policy:
We encourage respectful and constructive discussions. Please ensure decency while commenting and register with your email ID to participate.

Note: only a member of this blog may post a comment.