Inside Trade

October 30, 2025

Trump to lower China tariffs; Greer says China won’t impose new controls

By Brett Fortnam  / October 30, 2025 at 2:40 AM
The U.S. will halve the 20 percent tariffs it has imposed on goods from China over migration and fentanyl trafficking concerns after Chinese President Xi Jinping said he would work to stem the flow of fentanyl into the U.S., President Trump said on Thursday. China also agreed not to implement export controls on rare earths it had announced earlier this month, U.S. Trade Representative Jamieson Greer said. Trump spoke to reporters aboard Air Force One after meeting with Xi in...

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