U.S. President Donald Trump and Chinese President Xi Jinping talk as they leave after a bilateral meeting at Gimhae International Airport, on the sidelines of the Asia-Pacific Economic Cooperation (APEC) summit, in Busan, South Korea, October 30, 2025. | Photo Credit: REUTERS/EVELYN HOCKSTEIN
Trump told reporters he decided to reduce the current rate from 57 per cent after the talks.
Ahead of the meeting, Trump threatened a huge hike that would have boosted tariffs by 100 per cent, but he told reporters he didn’t need to go through with that plan.
Published on October 30, 2025
