Trump cuts fentanyl tariffs on China to 10% as Beijing delays latest rare earth curbs by a year
From cnbc.com
Beijing on Thursday paused export controls on rare earths, while Washington cut fentanyl-linked tariffs, following a high-stakes meeting between U.S. President Donald Trump and his Chinese counterpart Xi Jinping in South Korea. The Chinese export controls, announced on Oct. 9, will be delayed by one year, while the U.S. will similarly postpone implementation of measures announced Sept. 29 that also blacklisted majority-owned subsidiaries of Chinese companies on the U.S. entity list, China’s Ministry of Commerce said. Trump told reporters aboard Air Force One as he left South Korea that the meeting with Xi was ...
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