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William Seger

(12,054 posts)
1. Other details of the deal
Mon Nov 3, 2025, 11:58 AM
Nov 3
The US tariff on goods related to the production of fentanyl will drop from 20% to 10% with a promise China would work "very hard to stop the flow." That means overall tariffs on Chinese goods will be cut to 47% from 57%.

Trump said China would purchase more US energy as part of a wider trade truce, and hinted at an unspecified transaction involving Alaskan oil and gas.

China will resume buying "tremendous amounts" of US soybeans "starting immediately," Trump said.

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