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Trump says he will cut fentanyl tariff on Chinese goods and expects ‘great deal’ with Xi – business live

The Guardian•Wednesday, October 29, 2025 at 9:47:07 AM
PositiveWorld Affairs
Trump says he will cut fentanyl tariff on Chinese goods and expects ‘great deal’ with Xi – business live
In a move that could reshape trade relations, Trump announced plans to cut the fentanyl tariff on Chinese goods, expressing optimism for a 'great deal' with Xi. This news comes as Asian stock markets rally on the anticipation of a trade deal and a potential US interest rate cut. Additionally, GSK's CEO Emma Walmsley is stepping down after eight years, but not before the company raised its 2025 sales and profit forecasts, showcasing strong growth in key areas. This combination of trade optimism and corporate success highlights a potentially positive shift in the economic landscape.
— Curated by the World Pulse Now AI Editorial System
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