President Donald Trump characterized his meeting with Chinese leader Xi Jinping as a significant success, announcing plans to reduce tariffs on China from 20% to 10%, effectively lowering the total combined tariff rate from 57% to 47%.
Trump cuts China tariffs after meeting Xi in Seoul
President Donald Trump characterized his meeting with Chinese leader Xi Jinping as a significant success, announcing plans to reduce tariffs on China from 20% to 10%, effectively lowering the total combined tariff rate from 57% to 47%.
