Overview
- After meeting Xi in Busan, the president called the talks a “12” and claimed major breakthroughs on trade and fentanyl cooperation.
- He announced a 10% reduction in tariffs he previously imposed on Chinese goods.
- He said Beijing agreed to delay rare‑earth mineral restrictions for one year and to resume large‑scale purchases of American soybeans.
- The administration framed expanded cooperation with China on fentanyl as a summit deliverable, with specifics not independently verified.
- Schumer condemned the trip in a Senate‑floor speech during the government shutdown, and Trump labeled the criticism “almost treasonous” as some commentators argued Xi won key concessions.