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US and China seek to strike a deal over rare earths, tariffs, soybeans
- U.S. and Chinese officials reached a framework at the ASEAN Summit in Kuala Lumpur to delay tariffs and rare-earth export controls, Scott Bessent said.
- After China tightened rare-earth export restrictions Oct. 9 just ahead of the Trump-Xi summit, global supply chains faced fresh pressure as the world lacks ready productive capacity, analysts say.
- Data show China controls more than 90 of the world's rare‑earths, and officials say Beijing bought none of the September soybean harvest but may revive purchases.
- Bessent said the talks left punishing triple-digit levies off the table, while Li Chenggang confirmed a preliminary consensus and said proposals will go through internal approval processes next.
- The framework extends beyond tariffs to include TikTok transfer to U.S. ownership and cooperation on fentanyl and precursor chemicals, but analysts warn its durability is uncertain.
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Trump and Xi set for tense South Korea meeting — Key issues from tariffs, Rare Earths to Taiwan explained
As Donald Trump and Xi Jinping prepare to meet in South Korea, both leaders face pressure to ease a renewed trade war, resolve disputes over rare earths, and redefine the balance of power between Washington and Beijing.
·New Delhi, India
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Associated Press News+31 Reposted by 31 other sources
US and China seek to strike a deal over rare earths, tariffs, soybeans
The United States and China are not going to resolve all the issues that divide them before presidents Donald Trump and Xi Jinping meet Thursday in Busan, South Korea.
·United States
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News 4 San Antonio+4 Reposted by 4 other sources
US, China reach a 'framework' trade agreement before Trump-Xi meeting
The U.S. and China took another step forward to deescalate the most recent spat in a back-and-forth trade war.
·San Antonio, United States
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Total News Sources93
Leaning Left10Leaning Right18Center31Last UpdatedBias Distribution53% Center
Bias Distribution
- 53% of the sources are Center
53% Center
L 17%
C 53%
R 30%
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