Trump cuts fentanyl tariffs on China, reaches rare earths deal with Beijing

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U.S. Donald Trump Meets With China"s President Xi In South Korea

Andrew Harnik/Getty Images News

U.S. President Donald Trump announced a one-year agreement with China covering rare earths and critical minerals, while also halving fentanyl-related tariffs on Beijing (from 20% to 10%), effective immediately, following his meeting with Chinese President Xi Jinping in South Korea on Thursday.

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