At the APEC summit, President Donald Trump met with Chinese President Xi. Tensions were high, with the risk of a big trade fight.

Instead of raising tariffs, they reached a small deal:

* The U.S. will lower tariffs on Chinese goods from 57% to 47%

* China will take stronger action against fentanyl exports

* China will start buying U.S. soybeans again, and will keep exporting rare earth materials

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