Crypto Market Today [Live] Updates On October 30

robot
Abstract generation in progress

October 30, 2025 05:50:58 UTC

Trump and Xi Signal Breakthrough: Tariff Cuts Hint at Major US-China Trade Deal Ahead

President Trump announced significant tariff reductions following what he called an “amazing” meeting with President Xi. The U.S. has cut Fentanyl tariffs to 10% effective immediately, and overall tariffs on China have been reduced from 57% to 47%. China has also agreed to discuss chip restrictions with Nvidia, lift obstacles on rare earth exports, and collaborate with the U.S. on Ukraine. The tone marks a clear thaw in relations — and with these moves, a potential US-China trade deal now looks closer than ever.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)