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Trump, Takaichi agree on rare earth, critical minerals supply

  • On Tuesday, October 28, 2025, President Donald Trump met Prime Minister Sanae Takaichi in Tokyo, where the leaders signed trade and critical minerals agreements.
  • Beijing this month announced sweeping restrictions on the rare earths industry, prompting President Donald Trump to threaten 100% tariffs and the United States to diversify mineral supplies.
  • The second agreement establishes a framework to boost rare-earth supply and production between the United States and Japan, while the July trade deal includes a $550 billion investment.
  • Prime Minister Sanae Takaichi pledged to reach two percent of GDP on defence spending this year, two years ahead of schedule, while the United States, with around 60,000 military personnel in Japan, wants Tokyo to match NATO's five percent pledge.
  • President Donald Trump arrived in Tokyo on Monday as part of a three-nation Asia tour that seeks a China trade deal, and he is due to meet Xi Jinping on Thursday in South Korea, where negotiators say a framework has been agreed.
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According to a White House official, Takaichi personally informed Trump that he had nominated him for the Nobel Peace Prize and presented him with the formal papers, a move that is being considered a major political and personal achievement for Trump.

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DailyTruthReport broke the news in on Monday, October 27, 2025.
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