President Trump announces trade agreements with China, Thailand and Malaysia
November 1, 2025
U.S. President Donald Trump has reached an agreement with Chinese President Xi Jinping regarding U.S.-China trade relations. As part of the agreement, the U.S. will lower its cumulative tariff rate on Chinese imports by 10%, effective Nov. 10. The country’s heightened reciprocal tariffs on Chinese imports will be suspended until Nov. 10, 2026. During the …
