Friday, April 3, 2026
32.1 C
New Delhi

Trump, Xi Jinping Ink One-Year Rare Earths Deal; US To Slash China Tariffs By 10%

In a major breakthrough after years of strained ties, U.S. President Donald Trump and Chinese President Xi Jinping held their first face-to-face meeting in six years on Thursday, reaching agreements aimed at easing economic and diplomatic tensions.

During the nearly two-hour talks on the sidelines of the Asia-Pacific Economic Cooperation (APEC) Summit in Busan, the two leaders signed a one-year deal on rare earth supplies and agreed to reduce fentanyl-related tariffs to 10%, signaling a cautious step toward rebuilding trust between Washington and Beijing.

Trump, Xi Meet 

In his opening remarks during a crucial face-to-face meeting with Trump, Xi said, as per PTI, “President Trump, it is a great pleasure for me as well to meet you, and it feels very warm seeing you again because it’s been many years. Since your re-election, we have spoken on phone three times, exchanged several letters and stayed in close contact. Given our different national conditions, we do not always see eye to eye with each other, and it is normal for the two leading economies of the world to have frictions now and then.”

 

ALSO READ: US Ends Automatic Employment Authorisation Extensions, Check How Indians Will Be Affected

Xi said that in the face of winds, waves, and challenges, he and his counterpart, as leaders steering US-China relations, should stay on the right course and ensure the steady sailing of the giant ship that represents the relationship between China and the United States.

Go to Source

Hot this week

Gukesh’s Olympiad heroics hailed as ‘greatest ever’ by Scottish Grandmaster amid Indian chess star’s drastic step

Amid an alarming loss of form and drastic changes to his 2026 schedule, world chess champion D Gukesh has received ultimate praise from a Scottish Grandmaster, who called his performance at the 45th Chess Olympiad one of the best ever. Read More

China proposes strict rules for digital humans, mandates labelling and child safety measures

China’s cyberspace regulator issued draft regulations on Friday to oversee the development online of digital humans, requiring clear labelling and banning services that could mislead children or fuel addiction. Read More

220 Vessels Transited Hormuz In March, Liquid Tankers Top Traffic; No LNG Crossings Recorded

The navigation data shows that traffic was heavily skewed towards west-to-east movements out of the Gulf, which accounted for 149 crossings. Read More

‘Situation Remains Complex’: Meloni Extends Fuel Tax Cuts As Iran War Pushes Energy Costs Higher

Italy’s PM Giorgia Meloni described the step as a measure with a “targeted intervention” to support farmers and exporting businesses. Read More

Oil Flows May Take Months To Restore To Normal Even If Strait Of Hormuz Reopens Tomorrow: Report

US Israel strikes on Iran disrupt Strait of Hormuz, stranding over 180 million barrels and cutting Gulf output, driving oil above 120 dollars and causing global fuel shortages Go to Source Read More

Topics

Gukesh’s Olympiad heroics hailed as ‘greatest ever’ by Scottish Grandmaster amid Indian chess star’s drastic step

Amid an alarming loss of form and drastic changes to his 2026 schedule, world chess champion D Gukesh has received ultimate praise from a Scottish Grandmaster, who called his performance at the 45th Chess Olympiad one of the best ever. Read More

China proposes strict rules for digital humans, mandates labelling and child safety measures

China’s cyberspace regulator issued draft regulations on Friday to oversee the development online of digital humans, requiring clear labelling and banning services that could mislead children or fuel addiction. Read More

220 Vessels Transited Hormuz In March, Liquid Tankers Top Traffic; No LNG Crossings Recorded

The navigation data shows that traffic was heavily skewed towards west-to-east movements out of the Gulf, which accounted for 149 crossings. Read More

‘Situation Remains Complex’: Meloni Extends Fuel Tax Cuts As Iran War Pushes Energy Costs Higher

Italy’s PM Giorgia Meloni described the step as a measure with a “targeted intervention” to support farmers and exporting businesses. Read More

Oil Flows May Take Months To Restore To Normal Even If Strait Of Hormuz Reopens Tomorrow: Report

US Israel strikes on Iran disrupt Strait of Hormuz, stranding over 180 million barrels and cutting Gulf output, driving oil above 120 dollars and causing global fuel shortages Go to Source Read More

Dealing With Acidity Troubles? Your Breakfast Habit Might Be the Reason

While it is possible to control some level of acidity by making changes to your food habits, it is not a condition that should be ignored. Read More

Before Nepal Everest Scam, 5 Biggest Tourist Scams Uncovered Around The World

We breakdown 6 scams that have become very popular in tourist destinations that take advantage of unsuscpecting visitors. Read More

Volkswagen Taigun Facelift Revealed: How It Stacks Up Against Kushaq

Show Quick Read Key points generated by AI, verified by newsroom Volkswagen will soon launch the new Taigun facelift in India and here we will see what are the changes vs the Kushaq facelift which was launched recently. Read More

Related Articles