ABOARD AIR FORCE ONE, Oct 30 (Reuters) - U.S. President

Donald Trump said on Thursday that the United States will cut

its tariffs on Chinese goods related to fentanyl to 10% from

20%, after his summit with Chinese President Xi Jinping in South

Korea.

Xi will work "very hard to stop the flow" of fentanyl,

Trump said, and the tariff was reduced "because I believe they

are really taking strong action."

Trump said a great deal of decisions were made in his

summit with Xi Jinping, describing it as "an amazing meeting."

China will purchase "tremendous amounts" of U.S.

soybeans and other farm products "starting immediately", and a

one-year agreement on rare earths has been reached which will be

extended after a year, Trump said.

"They're not going to impose the rare earth controls,"

he said.

Trump had said earlier he expects to reduce U.S. tariffs on

Chinese goods in exchange for Beijing's commitment to curb the

flow of precursor chemicals to make fentanyl, a deadly synthetic

opioid that is the leading cause of American overdose deaths.

Beijing has sought the lifting of 20% tariffs over

fentanyl among other matters.

Trump was speaking to reporters on board Air Force One

departing South Korea on the last leg of his Asia trip.