Trump agrees to freeze higher tariffs on $200M in Chinese goods — for now

After a two-and-a-half hour discussion, Trump agreed to maintain the 10% tariffs on $200 billion worth of Chinese goods, and not raise them to 25% “at this time” ahead of a January 1 deadline, according to a White House statement from press secretary Sarah Sanders.

In exchange, China agreed it was willing to purchase a “very substantial” amount of agriculture and energy goods from the United States to help reduce the trade imbalance.