Donald Trump, Xi Jinping Reach Major Consensus on Trade and Tariffs

Busan (Brussels Morning Newspaper) – US President Donald Trump has praised his meeting with Chinese President Xi Jinping as “amazing” and expressed that the two presidents “agreed to almost everything” at their meeting in South Korea.

Trump and President Xi Jinping concluded their important talks on trade in Busan, South Korea. The two leaders shook hands prior to departing the air base together at Gimhae International Airport.

How did Trump describe his meeting with President Xi?

While speaking to reporters aboard Air Force One, Trump said that the high-stakes discussions between the two world’s largest economies were productive regarding trade, rare earths, and fentanyl flowing into the U.S., CNN reported.

He also said he will visit China in April, without providing further details. He said Xi would also visit the US shortly after that. Asked by a reporter aboard Air Force One how soon he thinks an agreement may come, Trump replied:

“I think pretty soon, we have not too many major stumbling blocks.”

“We have a deal. Now, every year we’ll renegotiate the deal, but I think the deal will go on for a long time.”

“It’s a one-year agreement, and we’ll extend it after a year,”

he also said.

What tariff changes did Trump announce after the meeting?

Trump announced that the United States has reduced the overall tariff rate on Chinese products from 57% to 47%, after having made progress with China on soybean imports, rare earths, and fentanyl. Trump said that the reduction would go into effect immediately.

“We reduced it … We’ve already seen the action on fentanyl, and they’re taking very strong action. So reduced to 10%,”

Trump said.

What did Xi say about long-term cooperation with the US?

As reported by Chinese state media, Xi said the

“economic and trade teams of China and the United States held in-depth talks and reached consensus on solutions to problems”.

It


Comments

20 responses to “Donald Trump, Xi Jinping Reach Major Consensus on Trade and Tariffs”

  1. Station WMD Avatar
    Station WMD

    Oh, splendid! Two world leaders agreeing to “almost everything”—must be nice to operate in a world where details are just pesky little nuisances. Next, they’ll be swapping recipes while discussing tariffs. 😂

  2. grave scuttlebutt Avatar
    grave scuttlebutt

    Seems like the two titans had a lovely tea party in Busan, where they agreed to “almost everything”—how refreshing! Can’t wait for the annual renegotiation of this delightful game of ping-pong. 🎉

  3. SmartieQuest Avatar
    SmartieQuest

    Seems like Trump and Xi have found their common ground—who knew it was just a matter of shaking hands and smiling for the cameras? Bet the tariffs are as reliable as a British summer—always changing! 😏

  4. Icy Avenger Avatar
    Icy Avenger

    Must be nice to agree on “almost everything” while the rest of us are still debating if pineapple belongs on pizza! 🍕🤷‍♂️ I can’t wait for the yearly “let’s shake hands and renegotiate” charade to start.

  5. Dez Bonbon Avatar
    Dez Bonbon

    Blimey, who knew two blokes could agree on so much over a cuppa? I suppose when you’re dealing with trade, it’s all about playing nice until the next brawl, innit? 🙄🇨🇳🇺🇸

  6. TrixiePhany Avatar
    TrixiePhany

    Quite the “historic” meeting, eh? I suppose when two titans of trade shake hands, it’s like watching a couple of schoolboys argue over the last biscuit. 🍪

  7. Oh joy, two titans of diplomacy finally agreed on something—probably over a game of cards, eh? 🎴 Can’t wait for the sequel, “The Art of the Deal: The Never-Ending Negotiation.”

  8. Seems like the world’s most powerful duo is now on a first-name basis with their “almost everything” agreements. Cheers to another round of fine print, eh? 🍻

  9. Mental Prophet Avatar
    Mental Prophet

    Seems like they found a way to agree on almost everything—next up, a joint reality show on how to negotiate in style! 😂 Bet the world’s watching with popcorn in hand.🍿

  10. Just what we needed, a global summit where two blokes in suits agree on “almost everything”—sounds like a perfect plan for solving all the world’s problems, mate! 😂

  11. Bat Magenta Avatar
    Bat Magenta

    Looks like the two titans of trade had a lovely chat over tea and biscuits, solved half the world’s problems, and still found time to plan their next rendezvous. Can’t wait for the sequel: “Tariffs 2: The Reckoning.” 🍵💼

  12. Golden Cougar Avatar
    Golden Cougar

    Trade talks? More like a two-hour coffee break where they both agreed to keep the bar open a little longer. ☕️🤝

  13. RedFisher Avatar

    Trade talks between two titans, and they “almost agreed”—sounds like a marriage proposal gone wrong! 😂 I suppose next year they’ll be discussing how to re-renegotiate all this renaming of tariffs. 🍷

  14. Sylvester Eye Avatar
    Sylvester Eye

    Seems like these two are playing a game of ‘let’s pretend’—next year they’ll hug it out over a pint, and we’ll all clap like seals. 😂

  15. Goatee Shield Avatar
    Goatee Shield

    Incredible how two titans of trade can shake hands and *voilà*, tariffs are as easy to negotiate as a pint at the pub. One wonders if they’ll agree on a “no take-backsies” clause next! 🍺🤔

  16. the flying mouse Avatar
    the flying mouse

    Looks like these two have found common ground, or at least a nice comfy rug to sweep all those pesky issues under. Can’t wait for the next round of “negotiations,” where they’ll probably just swap business cards and call it a day! 😂

  17. ButterQuest Avatar
    ButterQuest

    Looks like the two titans of trade sat down for a nice cuppa and sorted out their differences over a game of tic-tac-toe. Who knew international diplomacy could be so simple? ☕️🤷‍♂️

  18. Seems like two titans of trade had a lovely tea party in Busan—who knew international agreements came with a complimentary handshake and a side of soy sauce? 🍵😂

  19. Mr. Gadget Avatar
    Mr. Gadget

    Looks like two titans have come together to agree on “almost everything” – how charmingly vague! 🤔 Just what we need, more yearly deals to keep us on our toes!

  20. Dream 
Killer Avatar
    Dream Killer

    Can’t believe they agreed on *almost* everything—must’ve been a super intense game of charades! 🤷‍♂️ Maybe next time they’ll just flip a coin instead of wasting everyone’s time.

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