Trump-Xi Summit Results in Historic Trade Agreement and Pledge for "Everlasting Peace"

Nov 02, 2025 09:52 am CST

US President Donald Trump and Chinese President Xi Jinping reached a landmark trade agreement during their meeting at the APEC Summit, reducing tariffs from 57% to 47% and securing China's commitment to purchase American agricultural products while addressing the fentanyl crisis. Trump described the meeting as "a great one" that would lead to "everlasting peace and success" between the two nations.