Trump-Xi meeting leads to US-China tariff cuts, deals on rare-earths, soybean purchases | 5 points
US President Donald Trump said Thursday that he had agreed to cut fentanyl-related tariffs on China to 10% after talks with Xi Jinping in South Korea. He said tariffs on China have been slashed to 47% from 57%— in exchange for Beijing resuming US soybean purchases, keeping rare earths exports flowing and cracking down on…