Trump cuts fentanyl tariffs on China to 10%, says U.S. reached rare earths deal with Beijing

U.S. President Donald Trump said helium has reached a 1-year statement with China connected uncommon earths and captious minerals, and chopped fentanyl tariffs connected Beijing by half, arsenic his gathering with Chinese President Xi Jinping concluded successful South Korea connected Thursday.

Trump told reporters aboard Air Force One arsenic helium near South Korea that the gathering with Xi was "amazing" and that "a batch of decisions were made."

"Rare world contented has been settled," the president said, adding that it is simply a 1-year statement that volition beryllium negotiated each year. Tariffs connected Chinese exports volition besides beryllium lowered to 47% from 57%, the president said.

Trump said helium volition beryllium going to China successful April, followed by a travel by Xi to the U.S. without specifying a timeline.

That was the archetypal clip that the 2 leaders met successful six years and the gathering lasted 1 hr and 40 minutes.

Before the meeting, the two leaders struck a conciliatory tone, with Trump calling Xi "an aged friend" with whom helium has a "very bully relationship," and Xi stressing that China's economical maturation ambitions would not undermine Trump's imaginativeness to "Make America Great Again."

Tensions betwixt the world's 2 economical superpowers person been connected a boil this year. The latest escalation came this month, with Beijing  export controls and Washington threatening to prohibition software-powered exports to China. 

The U.S. had successful caller days shared details astir deals they hoped to execute with China – from restricting the travel of fentanyl to the U.S. to TikTok's divestiture from its Beijing-based genitor ByteDance. Tariffs, tech curbs and uncommon earths were besides connected the array for discussion.

Beijing had been much circumspect astir the prospects of an agreement, but successful a imaginable motion of thawing relationship, China bought its archetypal cargoes of U.S. soybeans successful respective months, Reuters reported Wednesday. 

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