US, China Outline Trade Truce Plan Ahead of Trump–Xi Talks

U.S. and China say they’ve agreed on a trade truce outline to delay 100% tariffs and pause rare earth curbs. Trump and Xi meet Oct. 30 in South Korea.
U.S. President Donald Trump in the tarmac of Kuala Lumpur airport, October 2025. (Photo: ANDREW CABALLERO-REYNOLDS / AFP)

The United States and China said they have agreed on a basic outline to limit their trade fight, and U.S. President Donald Trump said he expects to “have a deal with China” when he meets Chinese leader Xi Jinping this week.

The outline is meant to head off new 100% U.S. tariffs Trump has threatened for next month and to extend a tariff truce that is set to expire on November 10.

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by Edwin Shri Bimo

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