Trump reduces US tariffs on China 10 percent after meeting Xi Jinping

US President Donald Trump on Thursday announced that the US tariffs imposed on China will be reduced 10 percent, from 57 percent to 47 percent, after his meeting with Xi Jinping in South Korea.
The reduced tariffs on China are effective immediately, Trump said after his meeting with the Chinese leader. He also said that the fentanyl tariffs on China will now be reduced to 10 percent from 20 percent.