Trump rates meeting with China's Xi '12 out of 10', lowers tariffs
Summary
President Donald Trump and Chinese President Xi Jinping held a meeting in Busan, South Korea, where they discussed trade and other issues. They agreed to lower tariffs on Chinese exports and China will resume buying soybeans from the U.S. Both leaders talked about improving U.S.-China relations and plan to meet again next year.Key Facts
- President Trump and China's Xi Jinping met in Busan, South Korea.
- They decided to lower tariffs on Chinese exports from 57% to 47%.
- China agreed to start buying soybeans from the U.S. again.
- The U.S. and China will ease some export restrictions on each other.
- The U.S. and China did not discuss Taiwan in detail during the meeting.
- The leaders plan to meet again next year, with Trump visiting China in April.
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