Speaking to reporters on Air Force One after the meeting concluded, Mr. Trump said the talks had gone very well. He and Chinese President Xi Jinping discussed chip sales, stating that China would negotiate with chipmaker Nvidia and other companies on the matter. In addition, Mr. Trump announced that the U.S. would immediately reduce tariffs on Chinese fentanyl to 10%. An official accompanying Mr. Trump also stated that China would continue exporting rare earth minerals.
US Trade Representative Jamieson Greer also mentioned that the US would postpone its investigation into China's shipbuilding industry, a point of contention between the two sides. Purchases of Chinese soybeans will begin immediately, and President Trump may visit China in April next year.
The meeting between Chinese President Xi Jinping and President Donald Trump concluded after approximately 1 hour and 40 minutes.
Since President Trump's re-election, the two leaders have had three phone calls, exchanged numerous letters, and maintained close contact. A few days ago, the economic and trade working groups of both countries held a new round of consultations in Kuala Lumpur, Malaysia, reaching a basic consensus on addressing key current issues for each side, while also creating the necessary conditions for this summit.
Source: https://baotintuc.vn/kinh-te/my-va-trung-quoc-nhuong-bo-nhau-ve-thuong-mai-va-thue-quan-20251030122323326.htm
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