Trump-Xi summit yields tariff cut, one-year deal on rare earth minerals

A uncommon assembly between US President Donald Trump and Chinese language chief Xi Jinping in South Korea has introduced a ten p.c discount in US tariffs and a one-year postponement of China’s rare-earth export controls, a restricted de-escalation of the 2 nations’ commerce battle. Additionally on this version: America’s central financial institution cuts rates of interest for the second time this yr, amid a scarcity of financial information because of the ongoing US authorities shutdown.



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