Calling it an โ€œamazingโ€ meeting that marked a โ€œfantastic new beginningโ€ in US China relations, US President Donald Trump on Thursday announced a sweeping set of economic and trade understandings with Chinese President Xi Jinping, including a 10% reduction in tariffs, a resumption of soybean purchases, and a breakthrough on the contentious issue of rare earth exports.

Speaking after more than two hours of closed-door talks with Xi in Busan, Trump declared that โ€œa lot of

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