The highly anticipated meeting between United States President Donald Trump and Chinese President Xi Jinping has concluded with major announcements across trade, technology, rare-earth supplies and geopolitical cooperation. Here are the ten biggest takeaways:
1. Tariffs on China Cut to 47% from 57%
Trump confirmed a 10-percentage-point reduction in tariffs on China, calling it a major breakthrough following talks.
2. One-Year Trade Agreement in Place, Set for Extension
Trump announced a one-year trade agreement already in effect and hinted at extending it further.
3. Rare-Earth Export Dispute Fully Resolved
Trump declared “No more roadblocks” on rare-earths, confirming that China will keep supplies flowing to the U.S.
4. Talks on Chips and AI — Nvidia Mentioned
Trump confirmed chip-related discussions, saying China will speak to Nvidia’s CEO, with further semiconductor cooperation to follow.
5. Blackwell Chips Excluded from Negotiations
Trump clarified that Nvidia’s Blackwell AI chips were not part of the talks.
6. Fentanyl Agreement Achieved
Trump said China agreed to combat fentanyl production, leading to a 50% tariff reduction related to fentanyl-linked trade categories.
7. Cooperation on Ukraine
Trump stated the U.S. and China will work together on Ukraine, calling the situation “locked in fighting.”
8. Taiwan Not Discussed
Trump confirmed Taiwan “never came up” during the meeting.
9. Trump Visiting China in April
Trump confirmed a scheduled visit to China in April, signaling deepening diplomacy.
10. Xi Expected to Visit U.S. Next
Trump said Xi would visit the U.S. sometime after his April trip, continuing momentum in bilateral ties.
Trump on Meeting
“On a scale of 1 to 10, the meeting was a 12 — amazing, a lot of decisions made.”
