October 30, 2025
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4:18Now PlayingPresident Donald Trump said he is reducing some tariffs on Chinese imports following a meeting in South Korea with Chinese President Xi Jinping, citing a commitment from the Chinese leader to take steps to stop the flow of fentanyl.
Speaking to reporters aboard Air Force One following the meeting with Xi, which lasted about 1 hour and 45 minutes, Trump said the 20% tariffs on China related to fentanyl were being reduced to 10% bringing the total amount of duties imposed on Chinese imports from 57% to 47%.
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