Mumbai, Oct. 30 -- US President Donald Trump called a highly anticipated meeting with his Chinese counterpart Xi Jinping a great success on Thursday, saying the two leaders agreed to a deal which would see the US reducing tariffs on China from 57% to 47%. China will keep China's rare earth exports flowing and buy US soybean in large quantities. This marked the first in-person meeting between Xi and Trump since 2019. The Chinese leader said both sides had reached a consensus to resolve major trade issues and Chinese and US teams will be working on delivering outcomes for both countries' economies.
Published by HT Digital Content Services with permission from Capital Market....