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Strategies & Market Trends : World Outlook

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To: Les H who wrote (48627)	10/31/2025 8:51:05 AM
From: Les H	Read Replies (1) of 48704

Trump-Xi Face Off for All the Marbles in South Korea Simplicius Oct 31, 2025 Nothing seems absolutely certain as of yet, given the lack of official clarity but the concensus seems to be that Xi walked Trump down off the ledge and managed to get overall tariffs reduced from 57% to 47%. However, this appears to actually only be 16% in new tariffs, which is in line with what Trump levied on European goods, given that the remainder are carryover tariffs which had been in place since the Biden administration, and Trump’s first term before that. In turn, China will suspend its rare earths export controls for one year. Trump-Xi Face Off for All the Marbles in South Korea China's rare earth export delay offers US a chance to weaken Beijing's grip on the market

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