Trump and Xi Seal 'Rare Earths' Deal in Busan | One-Year Pact Reshapes Global Supply Chains - WATCH

2025-10-30 09:10 PM IST

In a landmark diplomatic breakthrough, Trump and Chinese President Xi Jinping have struck a rare mineral and critical supply chain agreement during the Busan Summit. The one-year extendable pact is designed to stabilize global trade, secure access to rare earth elements, and reduce dependency on vulnerable international suppliers. Under the deal, Washington will slash 10% tariffs on fentanyl-linked Chinese imports, signaling a thaw in U.S.-China relations after years of economic tension. WATCH

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