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Trump to cut tariffs on China after meeting with Xi

DeFi Daily News by DeFi Daily News
October 30, 2025
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President Donald Trump met with Chinese leader Xi Jinping on Thursday and told reporters that he would cut tariffs on China. President Trump also told reporters he could sign a trade deal with China “pretty soon.” LiveNOW’s Austin Westfall is learning more tonight about current relations between China and the United States with Dave Hebert, Ph.D, a senior research fellow at AIER.

Following a highly anticipated meeting with the Chinese President in South Korea, Trump’s announcement highlighted new understandings on fentanyl enforcement, farm trade, and a temporary pause on rare-earth export restrictions.

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Raw and unfiltered. Watch a non-stop stream of breaking news, live events and stories across the nation. Limited commentary. No opinion. Experience LiveNOW from FOX. Live news streaming channel when and where you need it.

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Tags: ChinaChina TariffsChinese leadercurrent eventscutDonald Trumpeconomic policyfarm tradefentanyl enforcementfox liveglobal tradeinternational relationsmeetingNewsnews todaypolitical newsPoliticspresident trumprare-earth exportstariff cutstariffstrade agreementtrade negotiationstrade newstrade policyTrade Talkstrade warTrumptrump administrationtrump tariffsunited statesus china tradeUS-Chinawhite houseworld economyXi Jinping
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