American President Donald Trump provided a positive assessment after meeting with his Chinese counterpart, Xi Jinping, during which he secured China's commitment to take measures against the flow of fentanyl. Trump announced that the 20% tariffs on fentanyl-related imports from China will be reduced to 10%, which will lower the total value of tariffs on imports from China from 57% to 47%. The meeting lasted about an hour and 45 minutes, exceeding the scheduled time. Trump also mentioned a one-year agreement with Beijing, which stipulates that there will be no drastic restrictions on rare minerals, essential for chip production. He stated that issues related to rare earths have been resolved, thus benefiting the entire world.
Sources
Întâlnire Trump-Xi Jinping: Unele tarife americane aplicate Chinei vor fi reduse
Donald Trump promite reducerea tarifelor pentru China și declară "rezolvată" criza pământurilor rare
Donald Trump și Xi Jinping, de acord să reducă tensiunile comerciale și să „lucreze împreună” în problema războiului din Ucraina
Latest News
21:30
PMB resumes work on the building in Rahova affected by the explosion
21:12
European Parliament calls for limits on addictive design and an ad-free mode for young people without targeted advertising on online platforms
21:00
Ilie Bolojan welcomes Siegfried Mureșan’s nomination for the position of prime minister: “Our country has the chance to continue on the right path”
20:44
Nicușor Dan has designated Siegfried Mureșan as prime minister. Remus Ștefureac: “An intelligent move” that changes the game of negotiations
20:29
Ion Iordache resigns as head of PNL Gorj and says he wants more freedom to defend the county’s interests in Parliament
See more news