U.S.–China Trade Tensions Ease as Trump and Xi Agree on Tariff Cuts

TLDR: Trump lowers China tariffs from 57% to 47%, signaling a potential turning point in trade relations. Fentanyl tariffs fall to 10%, while both nations plan talks on chip export limits and rare earth access. Xi confirms plans to visit the U.S. as Trump prepares a return trip to China in April 2026. Bloomberg reports [...]

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