Key takeaways from tonight's meeting between Trump and China's Xi (via @PressSec):
1) on Jan. 1. U.S. will leave tariffs on $200 billion worth of products at the 10% rate, and will NOT raise it to 25% "at this time" (more)
1) on Jan. 1. U.S. will leave tariffs on $200 billion worth of products at the 10% rate, and will NOT raise it to 25% "at this time" (more)
2) China agrees to buy a "not yet agreed upon, but very substantial" amount of agricultural, energy, industrial, and other products to reduce the U.S. trade deficit and will "start purchasing agricultural product from our farmers immediately."
3) U.S. and China will begin talks on "structural changes" with respect to forced technology transfer, intellectual property protection, cyberhacking. 90-day goal established for this - or, Trump will raise 10% tariffs to 25%
The U.S.-China readout also has rather vague language about everyone wanting a "nuclear free Korean Peninsula." (U.S. definition of this differs from Pyongyang's, by the way)
