• Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock
Editor's Pick

Trump touts ‘12 out of 10’ meeting with Xi, downplays reports of Venezuela strikes

by November 1, 2025
written by November 1, 2025

President Donald Trump spent the week in Asia meeting with other global leaders, including Chinese President Xi Jinping, while his administration ramped up its attacks against alleged drug boats in Latin America.

Trump met with Xi Thursday in South Korea, where the two hashed out a series of agreements concerning trade. Specifically, Trump said he agreed to cut tariffs on Chinese imports by 10% — reducing the rate to from 57% to 47% — because China said it would cooperate with the U.S. on addressing the fentanyl crisis.

Additionally, Trump said that he would not move forward with imposing an additional 100% tariff on Chinese goods that were expected to kick in Saturday. Trump threatened the steep hike after China announced in October it would impose export controls on rare earth magnets, which he said China had agreed to postpone by a year.

Afterward, Trump described the meeting as a massive success, and signaled that a broader trade deal between the two countries would be signed shortly.

‘Zero, to 10, with 10 being the best, I’d say the meeting was a 12,’ Trump told reporters after meeting with Xi. ‘A lot of decisions were made … and we’ve come to a conclusion on very many important points.’

From China’s point of view, Xi said afterward the two countries should work together and complete outstanding tasks from the summit for the ‘peace of mind’ of China, the U.S., and the rest of the world.

‘Both sides should take the long-term perspective into account, focusing on the benefits of cooperation rather than falling into a vicious cycle of mutual retaliation,’ Xi said, according to a state media report on the meeting.

Additionally, Trump announced on the Asia trip, which also included stops in Malaysia and Japan, that he would instruct the U.S. to revive nuclear weapons testing —upending decades of precedent on nuclear policy, as the U.S. has not conducted nuclear weapons testing since 1992. The announcement also left lawmakers, experts and military personnel wondering what he meant since no other country has conducted a known nuclear test since North Korea in 2017.

China’s and Russia’s last known tests go back to the 1990s, when Russia was still the Soviet Union.

The White House did not provide comment to Fox News Digital. The Pentagon did not respond to a request for comment.

However, experts are aligned that Trump likely meant he would instruct the U.S. to either increase its testing of nuclear-powered weapons systems or conduct tests of low-yield nuclear weapons.

Vice President JD Vance told reporters Thursday that Trump would continue to work on nuclear proliferation, but said testing would be done to guarantee weapons are working at optimal capability.

‘It’s an important part of American national security to make sure that this nuclear arsenal we have actually functions properly,’ Vance said. ‘And that’s part of a testing regime. To be clear, we know that it does work properly, but you got to keep on top of it over time. And the president just wants to make sure that we do that with his nation.’

The Trump administration also stepped up its campaign against drug cartels in Latin America, totaling at least 14 strikes against alleged drug boats in the region.

Secretary of War Pete Hegseth announced Tuesday that the U.S. had conducted three strikes against four vessels in the Eastern Pacific, and Hegseth announced Wednesday another strike had also been conducted in those waters.

But the White House dismissed reports Friday that the Trump administration had identified and was poised to strike military targets within Venezuela imminently. Trump later told reporters that he hadn’t determined whether he would conduct strikes within Venezuela.

Lawmakers — including some Republicans — have pressed for more answers on the strikes, and have questioned if they are even legal. For example, Sens. Adam Schiff, D-Calif., Tim Kaine, D-Va., and Rand Paul, R-Ky., spearheaded a war powers resolution that would prohibit U.S. armed forces from engaging in ‘hostilities’ against Venezuela.

‘The Trump administration has made it clear they may launch military action inside Venezuela’s borders and won’t stop at boat strikes in the Caribbean,’ Schiff said in an Oct. 17 statement.

The Associated Press contributed to this report.

This post appeared first on FOX NEWS
0 comment
0
FacebookTwitterPinterestEmail

previous post
Food stamp benefits for 42 million Americans in jeopardy today amid shutdown
next post
DAN GAINOR: The 5 craziest stories of October — from Karine Jean-Pierre to PETA plaques

related articles

Mamdani’s God Squad: The clerics, activists and political...

November 1, 2025

MIKE DAVIS: Justice is coming for perpetrators of...

November 1, 2025

Rap star Nicki Minaj thanks Trump for addressing...

November 1, 2025

DAN GAINOR: The 5 craziest stories of October...

November 1, 2025

Trump’s ‘nuclear’ demand not landing for Senate Republicans...

November 1, 2025

Food stamp benefits for 42 million Americans in...

November 1, 2025

Boasberg’s role in ‘Arctic Frost’ probe sparks fury...

November 1, 2025

Acquittal of man who urged violence against Trump...

November 1, 2025

Israel says remains of three people handed over...

November 1, 2025

Bipartisan senators call on Hegseth to release strike...

November 1, 2025
Enter Your Information Below To Receive Free Trading Ideas, Latest News, And Articles.


Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest News

  • Obama reacts to Biden diagnosis: ‘Nobody has done more to find breakthrough treatments for cancer…than Joe’

    May 19, 2025
  • EXCLUSIVE: Karoline Leavitt slams Hakeem Jeffries as ‘stone-cold loser’ after he attacks her as ‘demented’

    October 17, 2025
  • Indian markets open: Sensex reclaims 80K, Nifty nears 24.3K as tech rally powers 7th day gains

    April 23, 2025
  • Trump selects South Dakota Gov Kristi Noem to run Department of Homeland Security

    November 13, 2024
  • JD Vance to tail Kamala Harris and her running mate this week on campaign trail

    August 5, 2024

Popular Posts

  • 1

    Secret Service admits leaning on ‘state and local partners’ after claim it ignored Trump team’s past requests

    July 21, 2024
  • 2

    Five more House Democrats call on Biden to drop out, third US senator

    July 19, 2024
  • 3

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024
  • 4

    Elon and Vivek should tackle US funding for this boondoogle organization and score a multimillion dollar win

    December 4, 2024
  • 5

    Biden calls to ‘lower the temperature’ then bashes Trump in NAACP speech

    July 17, 2024

Categories

  • Economy (829)
  • Editor's Pick (6,642)
  • Investing (634)
  • Stock (946)

Latest Posts

  • Trump opens up largest betting lead since days after Biden’s dropout

    October 14, 2024
  • Supreme Court weighs religious liberty dispute over public funding for Catholic charter school

    April 30, 2025
  • Trump’s ‘nuclear’ demand not landing for Senate Republicans amid shutdown

    November 1, 2025

Recent Posts

  • Uber will let women drivers and riders request to avoid being paired with men

    July 24, 2025
  • Pete Hegseth confirmed to lead Pentagon after VP Vance casts tie-breaking vote

    January 25, 2025
  • Harris concedes presidential race, campaign manager sends letter to staff: ‘Losing is unfathomably painful’

    November 6, 2024

Editor’s Pick

  • Trump says Ric Grenell will be ‘high up’ in administration after report says ex-intel chief will be Iran envoy

    December 12, 2024
  • UN food price index dips slightly in July

    August 2, 2024
  • Trump heralds ‘golden age of the Middle East’ in address to Israeli Knesset hours after hostages come home

    October 13, 2025
  • About us
  • Contacts
  • Privacy Policy
  • Terms & Conditions

Disclaimer: moneyrisetoday.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2025 moneyrisetoday.com | All Rights Reserved

Money Rise Today – Investing and Stock News
  • Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock