US cuts ‘fentanyl tariffs’ with immediate effect
published at 01:40
01:40
Washington and Beijing are “in agreement on many things”, Trump said.
He said that effective immediately, the US will reduce tariffs on all Chinese goods enacted earlier in response to the flow of chemical ingredients for fentanyl into the US.
Trump noted that China, as announced earlier, will start buying large quantities of soybeans “which I appreciated”, he said.
No more “roadblock” from China over rare earths, says Trump
published at 01:49
01:49
Breaking
Trump says the issue over the trade of rare earths has been settled, but has not given any details.
The flow of rare earths has been a key point of contention between the US and China.
Beijing holds a monopoly over the processing of critical minerals, and tightened its grip over rare earth exports in recent weeks.
“All of the rare earth [issue] is settled, and that’s for the world… This was a worldwide situation and not just a US situation,” Trump told reporters.
“There’s no roadblock from China anymore,” he adds.
