{"content":"US President Donald Trump and Chinese President of China met today, October 30, 2025, in Busan, South Korea, on the sidelines of the Asia-Pacific Economic Cooperation (APEC) summit. Here's a summary of their meeting: - *Tariff Reduction*: Trump agreed to cut tariffs on Chinese imports from 57% to 47%. - *Rare Earth Exports*: China will continue exporting rare earths, with Trump stating there will be "no roadblocks". - *Soybean Purchases*: China agreed to resume US soybean purchases. - *Fentanyl Cooperation*: China will crack down on illicit fentanyl trade, with tariffs reduced from 20% to 10%. - *Trade Truce*: A one-year trade agreement was reached, with potential extensions. - *Future Meetings*: Follow-up visits are planned for 2026. Both leaders expressed optimism, with Trump calling the meeting "amazing" and Xi emphasizing cooperation. The agreement aims to ease trade tensions, but underlying issues remain unresolved.¹ ² ³","images":[],"tags":[],"tradingPairs":[],"quotearticleid":0}