Trump touts ‘12 out of 10’ meeting with Xi, downplays reports of Venezuela strikes
Fox News
Trump made progress on trade negotiations with China, cutting tariffs from 57% to 47% on Chinese goods, in exchange for fentanyl cooperation during Asia summit with President Xi Jinping.
Diana Stancy is a politics reporter with Fox News Digital covering the White House.
Additionally, Trump said that he would not move forward with imposing an additional 100% tariff on Chinese goods that were expected to kick in Saturday. Trump threatened the steep hike after China announced in October it would impose export controls on rare earth magnets, which he said China had agreed to postpone by a year.
Afterward, Trump described the meeting as a massive success, and signaled that a broader trade deal between the two countries would be signed shortly.
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