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Monday, February 2, 2026

Trump Says US Reached Tariff, Rare Earth Deals With China After Xi Meeting

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U.S. President Donald Trump and Chinese leader Xi Jinping hold a bilateral meeting at Gimhae International Airport in Busan, South Korea, on Oct. 30, 2025. Evelyn Hockstein/ReutersGYEONGJU, South Korea—U.S. President Donald Trump announced a series of trade deals Thursday after a meeting with Chinese Communist Party leader Xi Jinping and said he agreed to reduce tariffs on China in exchange for other economic concessions.“I thought it was an amazing meeting,” Trump told reporters aboard Air Force One shortly after he departed Busan, South Korea, following the nearly two-hour-long meeting with Xi.

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