Donald Trump says rare earths dispute ‘settled’ after Xi Jinping meeting in South Korea – live updates

The GuardianThursday, October 30, 2025 at 6:43:33 AM
Donald Trump says rare earths dispute ‘settled’ after Xi Jinping meeting in South Korea – live updates
In a significant development, Donald Trump announced that the rare earths dispute with China has been 'settled' following his meeting with Xi Jinping in South Korea. This summit, the first between the two leaders since 2019, comes amid ongoing trade tensions. Notably, U.S. officials indicated that Trump would not impose a 100% import tax on Chinese goods, suggesting a potential easing of trade hostilities. This is important as it could lead to improved trade relations and stability in the markets, particularly for industries reliant on rare earth materials.
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