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Trump, Xi assembly in South Korea yields tariff cuts and new commerce agreements
Politics

Trump, Xi assembly in South Korea yields tariff cuts and new commerce agreements

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Last updated: November 1, 2025 2:19 pm
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Published: November 1, 2025
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NEWNow you can take heed to Fox Information articles!

President Donald Trump spent the week in Asia assembly with different world leaders, together with Chinese language President Xi Jinping, whereas his administration ramped up its assaults in opposition to alleged drug boats in Latin America.

Trump met with Xi Thursday in South Korea, the place the 2 hashed out a sequence of agreements regarding commerce. Particularly, Trump mentioned he agreed to chop tariffs on Chinese language imports by 10% — lowering the speed to from 57% to 47% — as a result of China mentioned it will cooperate with the U.S. on addressing the fentanyl disaster.

Moreover, Trump mentioned that he wouldn’t transfer ahead with imposing a further 100% tariff on Chinese language items that had been anticipated to kick in Saturday. Trump threatened the steep hike after China introduced in October it will impose export controls on uncommon earth magnets, which he mentioned China had agreed to postpone by a 12 months.

Afterward, Trump described the assembly as a large success, and signaled {that a} broader commerce deal between the 2 international locations can be signed shortly.

TRUMP, XI MEET IN EFFORT TO RESOLVE TRADE TENSIONS SPARKED BY US TARIFFS

President Donald Trump shakes fingers with Chinese language President Xi Jinping as they maintain a bilateral assembly at Gimhae Worldwide Airport, on the sidelines of the Asia-Pacific Financial Cooperation (APEC) summit, in Busan, South Korea, Oct. 30, 2025.  (Evelyn Hockstein/Reuters)

“Zero, to 10, with 10 being the perfect, I’d say the assembly was a 12,” Trump advised reporters after assembly with Xi. “A whole lot of choices had been made … and we’ve come to a conclusion on very many vital factors.”

From China’s standpoint, Xi mentioned afterward the 2 international locations ought to work collectively and full excellent duties from the summit for the “peace of thoughts” of China, the U.S., and the remainder of the world.

“Each side ought to take the long-term perspective under consideration, specializing in the advantages of cooperation reasonably than falling right into a vicious cycle of mutual retaliation,” Xi mentioned, in line with a state media report on the assembly.

TRUMP ANNOUNCES MEETING WITH XI JINPING AT SOUTH KOREA APEC SUMMIT SCHEDULED FOR NEXT MONTH

Moreover, Trump introduced on the Asia journey, which additionally included stops in Malaysia and Japan, that he would instruct the U.S. to revive nuclear weapons testing —upending a long time of precedent on nuclear coverage, because the U.S. has not performed nuclear weapons testing since 1992. The announcement additionally left lawmakers, consultants and navy personnel questioning what he meant since no different nation has performed a recognized nuclear take a look at since North Korea in 2017.

China’s and Russia’s final recognized checks return to the Nineties, when Russia was nonetheless the Soviet Union.

Mushroom cloud from nuclear test

A mushroom cloud rises from a nuclear weapon take a look at throughout Operation Tumbler-Snapper. Over two thousand Marines witnessed the occasion, which was performed in 1952 on the Nevada Proving Floor. (Getty Photos)

The White Home didn’t present remark to Fox Information Digital. The Pentagon didn’t reply to a request for remark.

TRUMP CLAIMS ASIA TOUR RETURNED ‘TRILLIONS’ TO US AHEAD OF CRITICAL MEETING WITH CHINA’S XI

Nonetheless, consultants are aligned that Trump possible meant he would instruct the U.S. to both enhance its testing of nuclear-powered weapons programs or conduct checks of low-yield nuclear weapons.

Vice President JD Vance advised reporters Thursday that Trump would proceed to work on nuclear proliferation, however mentioned testing can be carried out to ensure weapons are working at optimum functionality.

“It is an vital a part of American nationwide safety to ensure that this nuclear arsenal we now have really features correctly,” Vance mentioned. “And that is a part of a testing regime. To be clear, we all know that it does work correctly, however you bought to maintain on high of it over time. And the president simply desires to ensure that we try this together with his nation.”

TRUMP THREATENS ‘MASSIVE’ CHINA TARIFFS, SEES ‘NO REASON’ TO MEET WITH XI

The Trump administration additionally stepped up its marketing campaign in opposition to drug cartels in Latin America, totaling not less than 14 strikes in opposition to alleged drug boats within the area.

U.S. strike on drug-trafficking boat

The U.S. killed six alleged drug traffickers on a ship in worldwide waters close to Venezuela, President Donald Trump introduced Oct. 14, 2025. (realDonaldTrump/Reality Social)

Secretary of Conflict Pete Hegseth introduced Tuesday that the U.S. had performed three strikes in opposition to 4 vessels within the Jap Pacific, and Hegseth introduced Wednesday one other strike had additionally been performed in these waters.

However the White Home dismissed reviews Friday that the Trump administration had recognized and was poised to strike navy targets inside Venezuela imminently. Trump later advised reporters that he hadn’t decided whether or not he would conduct strikes inside Venezuela.

Lawmakers — together with some Republicans — have pressed for extra solutions on the strikes, and have questioned if they’re even authorized. For instance, Sens. Adam Schiff, D-Calif., Tim Kaine, D-Va., and Rand Paul, R-Ky., spearheaded a warfare powers decision that may prohibit U.S. armed forces from participating in “hostilities” in opposition to Venezuela.

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“The Trump administration has made it clear they could launch navy motion inside Venezuela’s borders and will not cease at boat strikes within the Caribbean,” Schiff mentioned in an Oct. 17 assertion.

The Related Press contributed to this report.

Diana Stancy is a politics reporter with Fox Information Digital overlaying the White Home. 

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