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- US President Donald Trump has hailed his meeting with his Chinese counterpart, Xi Jinping, as “amazing” and says the two leaders “agreed to almost everything” at their summit in South Korea.
- Trump says the US will ease tariffs on Chinese goods from 57 to 47 percent in exchange for Beijing doing more to curb the flow of fentanyl ingredients, resuming purchases of US soya beans and keeping rare earth exports flowing.
- He also says he will visit China in April and Xi will visit the US shortly after.
- Xi, in remarks published by state media, says the two leaders “reached consensus on solutions to problems”.
- Tensions escalated this month as Trump threatened to raise tariffs on Chinese products to 100 percent after Beijing imposed new global restrictions on rare earth minerals, which are needed for modern technology.