US EditionThe Latest: Air strikes, ICE crackdown and shutdown continue with Trump in Asia
Trump and Japanese Prime Minister Sanae Takaichi signed agreements to boost trade and defense ties, including a $550 billion investment and rare earths cooperation amid US-China tensions.
- On Tuesday, U.S. President Donald Trump met Japanese Prime Minister Sanae Takaichi in Tokyo and signed agreements to strengthen the supply chain of rare earths and critical minerals.
- Trade talks drove the visit, with Trump pressing a $550 billion investment package tied to trade negotiations, including $100 billion for Westinghouse and GE Vernova nuclear projects and a 15% tariff framework.
- Defense ties deepened as Trump confirmed the first missiles for Japan's F-35 fighter jets will be delivered this week and addressed U.S. troops aboard the U.S.S. George Washington.
- Now SNAP benefits are set to pause Nov. 1, creating an immediate change to federal food aid as food banks and pantries brace for a surge after struggling this year due to federal program cuts.
- China tightened rare-earth export controls on Oct. 9, prompting allied coordination and market dips with Hong Kong Hang Seng down 0.3% and Shanghai Composite down 0.2%.
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U.S., Japan sign deal to boost rare earths supply chains - Worldstage
The United States and Japan have agreed to deepen cooperation on the supply of critical minerals and rare earths. The agreement was signed on Tuesday in Tokyo by U.S. President Donald Trump and Japanese Prime Minister Sanae Takaichi. The aim is to secure the supply of critical minerals and rare earths necessary to support domestic industries, including advanced technologies and their respective industrial bases. The move comes against the backdr…
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