• 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
Trump’s ‘nuclear’ demand not landing for Senate Republicans amid shutdown
next post
DAN GAINOR: The 5 craziest stories of October — from Karine Jean-Pierre to PETA plaques

related articles

Hegseth once warned against endless wars. Now he’s...

March 9, 2026

Iran’s new supreme leader is ‘his father on...

March 9, 2026

Schumer once blocked Trump’s move to fill the...

March 9, 2026

Trump’s Rx plan promises savings, but economists see...

March 9, 2026

Congress weighs new funding for Trump’s Iran strikes...

March 9, 2026

Private security firm helping Americans evacuate the Middle...

March 9, 2026

US-sanctioned Mojtaba Khamenei named Iran’s next supreme leader...

March 8, 2026

Before-and-after satellite imagery offers a rare look at...

March 8, 2026

Trump warns Iran’s new leader won’t ‘last long’...

March 8, 2026

Cartels fear US retaliation as Trump-era pressure reshapes...

March 8, 2026
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

  • House Judiciary committee refers former CIA Director John Brennan to Justice Department for prosecution

    October 21, 2025
  • Cruz targets Minnesota-style fraud with bill requiring proof before federal childcare payouts

    February 13, 2026
  • Trump amends executive order raising China tariffs to 20% over ‘failure to address’ fentanyl crisis

    March 4, 2025
  • S&P 500 futures hold steady as market braces for inflation report and Fed signals

    February 12, 2025
  • ‘John Brennan, Gina Haspel era is over’: Ratcliffe, allies promise workforce changes at CIA

    January 28, 2025

Popular Posts

  • 1

    District judges’ orders blocking Trump agenda face hearing in top Senate committee

    April 2, 2025
  • 2

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

    July 21, 2024
  • 3

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

    July 19, 2024
  • 4

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024
  • 5

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

    December 4, 2024

Categories

  • Economy (829)
  • Editor's Pick (8,340)
  • Investing (1,088)
  • Stock (981)

Latest Posts

  • Evening digest: US job numbers, Iran unrest, OpenAI-SoftBank back AI push

    January 11, 2026
  • Florida man indicted for ’86’ posts allegedly threatening to kill Alina Habba

    June 27, 2025
  • Nvidia’s Jensen Huang is ‘dead wrong’ about quantum computers, D-Wave CEO says

    January 9, 2025

Recent Posts

  • Disney says about 157 million global users are streaming content with ads

    January 10, 2025
  • Federal appeals court sides with Trump on firing head of watchdog agency

    March 6, 2025
  • British monarchy’s Crown Estate profits hit record £1.1 billion amid booming offshore wind sector

    July 24, 2024

Editor’s Pick

  • How a tiny town hit by Helene could upend the global semiconductor chip industry

    October 4, 2024
  • DAVID MARCUS: 5 things New York Republicans need to hear from Andrew Cuomo

    October 22, 2025
  • Rand Paul suggests replacing Mike Johnson with Elon Musk as Speaker of the House

    December 19, 2024
  • 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