First Thing: Trump says rare earths deal and tariff cut agreed with China

The GuardianThursday, October 30, 2025 at 1:10:53 PM
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First Thing: Trump says rare earths deal and tariff cut agreed with China
In a significant development, Donald Trump announced that the United States has reached an agreement with China to lower overall tariffs on Chinese goods to 47%. This deal also includes provisions related to rare earths, which are crucial for various technologies. The agreement is seen as a positive step towards easing trade tensions between the two nations, potentially benefiting both economies. Additionally, the far-right political faction in the Netherlands appears to be losing support following recent elections, indicating a shift in the political landscape.
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