What's Hot

    Netflix Shares Slide After Soft Revenue As Engagement Concerns Mount | Invesloan.com

    July 16, 2026

    Mark Zuckerberg’s Meta AI Just Revealed This Shocking Bitcoin Price Prediction for the End Of 2026 | Invesloan.com

    July 16, 2026

    Tech selloff hits electrical parts shares as AI infrastructure favorites retreat | Invesloan.com

    July 16, 2026
    Facebook Twitter Instagram
    Finance Pro
    Facebook Twitter Instagram
    invesloan.cominvesloan.com
    Subscribe for Alerts
    • Home
    • News
    • Politics
    • Money
    • Personal Finance
    • Business
    • Economy
    • Investing
    • Markets
      • Stocks
      • Futures & Commodities
      • Crypto
      • Forex
    • Technology
    invesloan.cominvesloan.com
    Home » Trump, Xi assembly in South Korea yields tariff cuts and new commerce agreements | Invesloan.com
    Politics

    Trump, Xi assembly in South Korea yields tariff cuts and new commerce agreements | Invesloan.com

    November 1, 2025Updated:November 1, 2025
    Share
    Facebook Twitter LinkedIn Pinterest Email

    NEWYou can now listen to Fox News articles!

    President Donald Trump spent the week in Asia meeting with other global leaders, including Chinese President Xi Jinping, while his administration ramped up its attacks against alleged drug boats in Latin America.

    Trump met with Xi Thursday in South Korea, where the two hashed out a series of agreements concerning trade. Specifically, Trump said he agreed to cut tariffs on Chinese imports by 10% — reducing the rate to from 57% to 47% — because China said it would cooperate with the U.S. on addressing the fentanyl crisis.

    Additionally, Trump said that he would not move forward with imposing an additional 100% tariff on Chinese goods that were expected to kick in Saturday. Trump threatened the steep hike after China announced in October it would impose export controls on rare earth magnets, which he said China had agreed to postpone by a year.

    Afterward, Trump described the meeting as a massive success, and signaled that a broader trade deal between the two countries would be signed shortly.

    TRUMP, XI MEET IN EFFORT TO RESOLVE TRADE TENSIONS SPARKED BY US TARIFFS

    Trump shakes hands with Xi Jinping

    President Donald Trump shakes hands with Chinese President Xi Jinping as they hold a bilateral meeting at Gimhae International Airport, on the sidelines of the Asia-Pacific Economic Cooperation (APEC) summit, in Busan, South Korea, Oct. 30, 2025.  (Evelyn Hockstein/Reuters)

    “Zero, to 10, with 10 being the best, I’d say the meeting was a 12,” Trump told reporters after meeting with Xi. “A lot of decisions were made … and we’ve come to a conclusion on very many important points.”

    From China’s point of view, Xi said afterward the two countries should work together and complete outstanding tasks from the summit for the “peace of mind” of China, the U.S., and the rest of the world.

    “Both sides should take the long-term perspective into account, focusing on the benefits of cooperation rather than falling into a vicious cycle of mutual retaliation,” Xi said, according to a state media report on the meeting.

    TRUMP ANNOUNCES MEETING WITH XI JINPING AT SOUTH KOREA APEC SUMMIT SCHEDULED FOR NEXT MONTH

    Additionally, Trump announced on the Asia trip, which also included stops in Malaysia and Japan, that he would instruct the U.S. to revive nuclear weapons testing —upending decades of precedent on nuclear policy, as the U.S. has not conducted nuclear weapons testing since 1992. The announcement also left lawmakers, experts and military personnel wondering what he meant since no other country has conducted a known nuclear test since North Korea in 2017.

    China’s and Russia’s last known tests go back to the 1990s, when Russia was still the Soviet Union.

    Mushroom cloud from nuclear test

    A mushroom cloud rises from a nuclear weapon test during Operation Tumbler-Snapper. Over two thousand Marines witnessed the event, which was conducted in 1952 at the Nevada Proving Ground. (Getty Images)

    The White House did not provide comment to Fox News Digital. The Pentagon did not respond to a request for comment.

    TRUMP CLAIMS ASIA TOUR RETURNED ‘TRILLIONS’ TO US AHEAD OF CRITICAL MEETING WITH CHINA’S XI

    However, experts are aligned that Trump likely meant he would instruct the U.S. to either increase its testing of nuclear-powered weapons systems or conduct tests of low-yield nuclear weapons.

    Vice President JD Vance told reporters Thursday that Trump would continue to work on nuclear proliferation, but said testing would be done to guarantee weapons are working at optimal capability.

    “It’s an important part of American national security to make sure that this nuclear arsenal we have actually functions properly,” Vance said. “And that’s part of a testing regime. To be clear, we know that it does work properly, but you got to keep on top of it over time. And the president just wants to make sure that we do that with his nation.”

    TRUMP THREATENS ‘MASSIVE’ CHINA TARIFFS, SEES ‘NO REASON’ TO MEET WITH XI

    The Trump administration also stepped up its campaign against drug cartels in Latin America, totaling at least 14 strikes against alleged drug boats in the region.

    U.S. strike on drug-trafficking boat

    The U.S. killed six alleged drug traffickers on a boat in international waters near Venezuela, President Donald Trump announced Oct. 14, 2025. (realDonaldTrump/Truth Social)

    Secretary of War Pete Hegseth announced Tuesday that the U.S. had conducted three strikes against four vessels in the Eastern Pacific, and Hegseth announced Wednesday another strike had also been conducted in those waters.

    But the White House dismissed reports Friday that the Trump administration had identified and was poised to strike military targets within Venezuela imminently. Trump later told reporters that he hadn’t determined whether he would conduct strikes within Venezuela.

    Lawmakers — including some Republicans — have pressed for more answers on the strikes, and have questioned if they are even legal. For example, Sens. Adam Schiff, D-Calif., Tim Kaine, D-Va., and Rand Paul, R-Ky., spearheaded a war powers resolution that would prohibit U.S. armed forces from engaging in “hostilities” against Venezuela.

    CLICK HERE TO DOWNLOAD THE FOX NEWS APP

    “The Trump administration has made it clear they may launch military action inside Venezuela’s borders and won’t stop at boat strikes in the Caribbean,” Schiff said in an Oct. 17 statement.

    The Associated Press contributed to this report.

    Diana Stancy is a politics reporter with Fox News Digital covering the White House. 

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Keep Reading

    Sen Eric Schmitt’s American Citizenship Act targets 14th Amendment | Invesloan.com

    Rep. Diana Harshbarger invoice would require insurers to cowl detransition | Invesloan.com

    Tim Scott recruiting Trey Gowdy to switch Lindsey Graham in Senate | Invesloan.com

    Kennedy Center disputes Sen Sheldon Whitehouse’s whistleblower renovation claims | Invesloan.com

    Democrats get backlash for calling testosterone screening gender care | Invesloan.com

    Trump reverses ICE car cease pause, agent says it boosts morale | Invesloan.com

    Marco Rubio hosts 65-country summit concentrating on far-left extremist teams | Invesloan.com

    Todd Blanche faces Day 2 of Senate listening to with key votes doubtful | Invesloan.com

    Swalwell pays lawyer $50K from his marketing campaign amid intercourse abuse claims | Invesloan.com

    LATEST NEWS

    Netflix Shares Slide After Soft Revenue As Engagement Concerns Mount | Invesloan.com

    July 16, 2026

    Mark Zuckerberg’s Meta AI Just Revealed This Shocking Bitcoin Price Prediction for the End Of 2026 | Invesloan.com

    July 16, 2026

    Tech selloff hits electrical parts shares as AI infrastructure favorites retreat | Invesloan.com

    July 16, 2026

    Sen Eric Schmitt’s American Citizenship Act targets 14th Amendment | Invesloan.com

    July 16, 2026
    POPULAR

    China’s first passenger jet completes maiden commercial flight

    May 28, 2023

    Numbers taking US accountancy exams drop to lowest level in 17 years

    May 29, 2023

    Toyota chair faces removal vote over governance issues

    May 29, 2023
    Advertisement
    Load WordPress Sites in as fast as 37ms!
    Facebook Twitter Pinterest WhatsApp Instagram
    © 2007-2023 Invesloan.com All Rights Reserved.
    • Privacy
    • Terms
    • Press Release
    • Advertise
    • Contact

    Type above and press Enter to search. Press Esc to cancel.

    invesloan.com
    Manage Cookie Consent
    To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
    Functional Always active
    The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
    Preferences
    The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
    Statistics
    The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
    Marketing
    The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
    • Manage options
    • Manage services
    • Manage {vendor_count} vendors
    • Read more about these purposes
    View preferences
    • {title}
    • {title}
    • {title}