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October 30, 2025 12:25 PM

Trump cuts China tariffs to 47% after ‘amazing’ Xi meeting

U.S. President Donald Trump said on Thursday he had agreed to reduce tariffs on China to 47% in exchange for Beijing resuming U.S. soybean purchases, keeping rare earths exports flowing and cracking down on the illicit trade of fentanyl. His remarks...

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Last updated on: 16th January 2026

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