ABOARD AIR FORCE ONE: US President Donald Trump said on Thursday (Oct 30) that he had agreed to cut fentanyl-related tariffs on China to 10 per cent after an “amazing” meeting with Chinese President Xi Jinping in South Korea.
He also said a dispute between China and the United States had been “settled”.
Trump said they had reached a number of agreements to ease trade tensions, and that Xi agreed to resume soybean purchases.
“We have – it was an outstanding group of decisions, I think, that was made,” Trump said. “A lot of decisions were made.”
Trump called the meeting a great success, saying that it was a “12” on a scale of one to 10.
He added that he would be planning a visit to China in April.
“I’ll be going to China in April and he’ll be coming here sometime after that, whether it’s in Florida, Palm Beach or Washington, DC,” Trump told reporters on Air Force One.
“A lot of things we brought to finalisation” at the Oct 30 talks in Busan, South Korea, added Trump, praising Xi as a “tremendous leader of a very powerful country”.
China, as part of the agreement, will pause a rare-earths licensing regime for at least a year.
“There’s no roadblock at all on rare earths,” Trump said. “That will hopefully disappear from our vocabulary for a little while.”
The leaders also agreed to work together on Ukraine, Trump said, but added that Taiwan was not discussed in the meeting.
The US President said he had been too “busy” to meet North Korean leader Kim Jong-un during his visit this week to South Korea, but added he could return.
“I had a great relationship with Kim Jong-un,” he told reporters on Air Force One. - AFP
