China and U.S. Agree to Lower Tariffs, Boost Farm Trade Following Trump-Xi Summit
China and the United States have agreed to lower tariffs on certain products to enhance bilateral trade, following a summit between U.S. President Trump and Chinese President Xi Jinping in Beijing. The Chinese Ministry of Commerce announced that both nations will implement measures to expand trade, particularly in agriculture, although specific details are still under negotiation. This development comes after President Trump's visit to China, marking the first by a U.S. president in nearly a decade. Despite President Trump's statement that tariffs were not discussed during his meetings with Xi, the Chinese Ministry confirmed that tariff reductions were indeed part of the discussions. The agreement also includes plans for China to purchase U.S. aircraft and address U.S. concerns regarding import licenses for beef and poultry products. 
