Trump-Xi Meet 2025: In a major diplomatic breakthrough, US President Donald Trump announced on Thursday (October 30, 2025) that he has agreed to reduce fentanyl-related tariffs on China to 10% following talks with Chinese President Xi Jinping in Busan, South Korea.
The meeting took place on the sidelines of the Asia Pacific Economic Cooperation (APEC) Summit, where both leaders discussed ways to ease the long-standing US-China trade tensions.
President Trump stated that the trade dispute between China and the United States has been “settled”, signaling a possible end to years of tariff battles that strained global markets.
“I look forward to exchanging views with President Xi on key issues important to both our nations,” Trump said after the meeting.
The decision to reduce fentanyl-related tariffs comes amid growing international concern over the opioid crisis and global supply chain disruptions. Analysts believe the move could open a new chapter in US-China economic cooperation, focusing on trade stability and public health.
The meeting marks the most significant step in repairing ties between the two superpowers since tensions escalated during earlier trade conflicts.