US-China Trade War Breakthrough: Major Tariff Reduction After Trump-Xi Meeting 🇺🇸🇨🇳

In a significant development, President Trump and President Xi Jinping agreed to cut tariffs to 47% during their high-stakes meeting in Busan, promising to ease ongoing trade tensions.

US-China Trade War Breakthrough: Major Tariff Reduction After Trump-Xi Meeting 🇺🇸🇨🇳
The Financial Express
1.6K views • Oct 30, 2025
US-China Trade War Breakthrough: Major Tariff Reduction After Trump-Xi Meeting 🇺🇸🇨🇳

About this video

U.S. President Donald Trump and Chinese President Xi Jinping met in Busan, South Korea, for high-stakes talks aimed at easing months of trade tensions between Washington and Beijing.

The 100-minute meeting — longer than scheduled — focused on tariffs, technology restrictions, and stabilizing global markets. Following the talks, Trump announced that U.S. tariffs on Chinese goods will be cut to 47%, signaling what he called a “major reset” in trade relations.

The breakthrough comes after weeks of intense negotiations and amid global attention on Trump’s Asia tour. Both sides described the meeting as “constructive” — though challenges remain on tech exports, rare earths, and market access.

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1.6K

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6:38

Published

Oct 30, 2025

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