President Donald Trump shakes palms with South Korean President Lee Jae Myung as he receives a present of a gold crown and an award of the Grand Order of Mugunghwa, not seen, throughout a excessive honor ceremony on the Gyeongju Nationwide Museum in Gyeongju, South Korea, Wednesday, Oct. 29, 2025.
Mark Schiefelbein/AP
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Mark Schiefelbein/AP
President Trump is again in Washington after spending every week in Asia. He attended the ASEAN summit in Kuala Lumpur, addressed U.S. troops in Japan and met with China’s President Xi Jinping in South Korea.
Listed below are 5 takeaways from the president’s first go to to the area in his second time period.
1) U.S.-China commerce relations have largely stabilized…
On the flight again to Washington after his assembly with Xi on Thursday, Trump mentioned the tariff price on Chinese language exports can be lowered from 57% to 47%. The ten-point drop comes as a result of Xi dedicated to making an attempt to lower the quantity of fentanyl coming into the U.S. That concern has been a precedence for Trump, who months in the past put an additional 20% tariff on China due to fentanyl.
Trump additionally mentioned that China would resume shopping for soybeans from the U.S., which has been a significant concern for American farmers since China had halted these purchases.
China additionally agreed to again off the additional limits it had placed on uncommon earths exports, in alternate for the U.S. scaling again a few of its personal export restrictions. That settlement will maintain for a yr.
These minerals are important for the U.S. and different international locations as a result of they’re utilized in army gear and different know-how.
2) However a finalized deal is not performed
“It was an excellent group of selections I feel that was made,” Trump informed reporters after his assembly with Xi, “There wasn’t an excessive amount of left on the market.”
However he wasn’t particular about what precisely is left for China and the U.S. to debate.
Trump mentioned he’s scheduled to go to China subsequent April, which will probably be adopted by one other assembly with Xi in both Washington or in Florida.
