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News brief

U.S. and China to sign trade deal.

President Donald Trump said that would come 鈥渟oon鈥� after meeting with Chinese leader Xi Jinping in South Korea on Thursday. Mr. Trump said China agreed not to restrict rare earth mineral exports. He also halved the fentanyl-related tariff on Chinese exports to 10 percent, saying Beijing would take 鈥渟trong action鈥� to curb illicit fentanyl precursors. Separately, Mr. Trump said the U.S. would resume nuclear weapons testing on an 鈥渆qual basis鈥� with other countries 鈥� ending a three decade hiatus.

Staff - Oct. 30, 2025, 5:59 a.m. ET

Rare earth reserves are in global demand. Can Brazil change the playbook?

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