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Trump and Xi Cut Tariffs Amid Government Shutdown Crisis

10/30/2025

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Story summary
  • President Donald Trump and Chinese leader Xi Jinping met at the Asia Pacific Economic Cooperation summit in South Korea, agreeing to reduce U.S. tariffs on China from 20% to 10%.
  • This agreement follows China's commitment to limit fentanyl exports and restart purchases of U.S. soybeans.
  • The ongoing government shutdown may result in over 65,000 children losing access to Head Start programs.
  • Trump's nominee for surgeon general is scheduled for a Senate confirmation hearing.