Trump says progress made: Speaking after concluding his three-stop tour of Asia, Trump said overall tariffs on Chinese goods would drop from 57% to 47%, due to progress on soybean imports, rare earths and fentanyl issues during the Xi talks. He also said he plans to visit Beijing in April. China will make “corresponding adjustments” to its trade war countermeasures, including pausing its new curbs on rare earth exports for one year, its commerce ministry said. The moves represent a reprieve in the escalating tariff war between the world’s two largest economies.
