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The Latest Breaking News from China

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

Overall US tariffs on Chinese goods will be lowered to 47% after talks. Plus: the far right loses support in Dutch election

The Guardian - UK

Xi-Trump meeting: America has discovered that bullies can be bullied back

Outcome appears closer to truce than durable peace but outline of broader diplomatic relationship is visible

The Guardian - UK

China will return U.S. soybean buys to recent annual levels, Bessent says

China cut off purchases earlier this year, depriving U.S. farmers of their largest export market.

Axios

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read the most diverse news in one place.

The Nuclear Club: The 9 countries armed with nukes as US set to resume weapons testing

IN FOCUS: There has been renewed focus on nuclear arsenals after Russia’s invasion of Ukraine, James C Reynolds and Maryam Zakir-Hussain report

The Independent UK

Trump and Xi Seek to Reset US-China Trade Relations in South Korea Summit

Trump and Xi agree to lower tariffs and restart trade talks during a South Korea summit, signaling a potential reset in U.S.-China relations.

International Business Times

Business Brief (Oct. 30): China Shifts Property Policy

Fed cuts rates, China launches fund for strategic emerging industries

Caixin Global

After Q3 Beat, Chip Giant Cadence Eyes AI's Horizon 2: Robots

Leading chip stock Cadence just posted a strong Q3. Although this didn't excite markets, Cadence's long-term opportunities in robots, cars, and drones should.

MarketBeat

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U.S. and China agree on one-year tariff truce, including semiconductor and rare earth breakthroughs — future of Nvidia AI chip sales to the nation remains murky

President Trump and Xi Jinping have agreed a one-year tariff truce.

Tom’s Hardware

Stocks Fall Before the Open After Mixed Big Tech Earnings, Trump-Xi Summit

December S&P 500 E-Mini futures (ESZ25) are down -0.18%, and December Nasdaq 100 E-Mini futures (NQZ25) are down -0.20% this morning as investors weigh the outcome of the highly anticipated Trump-Xi meeting, mixed Big Tech earnings, and a cautious Federal Reserve.

Barchart

Copper Hits New Highs, Trade Deal Hopes Shift Concerns To Supply Issues

Copper surged to a new record on Wednesday on hopes of a U.S.-China deal, with three-month futures on London markets exceeding $11,140 per ton. The 25% year-to-date rally so far has been the best performance for the metal since 2017.

Benzinga

Trump and Xi Jinping meet at a temporary trade truce just days after China purchased its first U.S. soybeans from this year’s harvest

Quicker negotiations between the two countries ensued after China’s crackdown on rare earths exports, expert says.

Fortune

Takeaways: Trump touts tenuous deals on tariffs, rare earths and soybeans - Roll Call

President Trump touted deals on key issues with Chinese President Xi — but Democrats were worried he would get burned.

Roll Call

Five key takeaways from Donald Trump’s meeting with Xi Jinping

From tariffs to rare earths, Chinese and US presidents ‘make outstanding group of decisions’ at crunch trade talks

The Guardian - UK

If the US resumes nuclear weapons testing, this would be extremely dangerous for humanity

US President Donald Trump has instructed the Pentagon to resume nuclear weapons testing immediately, “on an equal basis” with other countries’ testing programs.

The Conversation

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Benzinga

Trump Concludes 'Amazing' Meeting With Xi Jinping, Teases 'Pretty Soon' Trade Deal

The much-awaited meeting between President Donald Trump and Chinese President Xi Jinping on Thursday concluded with significant decisions on trade, soybeans, and resources.

Evening Standard

Trump orders restart of nuclear weapons testing moments before face-off with China's Xi

The American president said: ‘With others doing testing, I think it's appropriate that we do also’

Evening Standard

Donald Trump says he'll lower tariffs on China following 'amazing' meeting with Xi Jinping

‘I thought it was an amazing meeting,’ Trump told reporters aboard Air Force One shortly after he departed Busan, ranking the talks a ‘12 out of 10’

International Business Times UK

US and China Seek Trade Progress Amid Fentanyl and Inflation Concerns

Trump may ease China tariffs in exchange for a fentanyl crackdown as US-China talks resume, amid rising inflation and layoffs impacting the US economy.

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Caixin Global

Tech Brief (Oct. 30): Nvidia Becomes First Tech Firm to Top $5 Trillion Market Cap

Microsoft’s quarterly profit takes a $3.1 billion hit from its OpenAI investment, Google parent’s third-quarter revenue exceeds $100 billion

Benzinga

Jim Cramer Says 'I Want President Trump To Let The Chinese Have' Nvidia's Chips Amid Trump-Xi Summit

CNBC’s ‘Mad Money’ host Jim Cramer delivered a stunning declaration on Thursday amid the high-stakes “G2” summit in South Korea, stating he wants President Donald Trump to “let the Chinese have” advanced U.S. microchips, including those from Nvidia Corp. (NASDAQ:NVDA).

AAP

Rudd hails Australia's 'first-class' ties with Trump

Former PM turned ambassador Kevin Rudd says Australia's strong links with the US under Donald Trump have deepened as critical minerals open up a new front.

The Guardian - AU

Afternoon Update: Trump orders US nuclear weapons tests; pre-dawn massacre in Rio favela; and does married sex need a rebrand?

Pentagon instructed to to ‘immediately’ start matching Russia and China in their testing of nuclear weapons

Axios

Trump cuts China tariffs after promises from Xi on rare earths, soybeans

Trump described Xi as a "friend" and "great leader" whom it was an "honor" to meet.

Euronews

Trump announces deal with China after face-to-face talks with Xi in South Korea

Washington and Beijing are "in agreement on many things," Trump said after the meeting that lasted nearly two hours, the first between both leaders in six years.

Benzinga

Trump Orders Pentagon To Begin Nuclear Weapons Testing 'Immediately' Hours Before Meeting Xi Jinping: 'Hated To Do It, But Had No Choice' (CORRECTED)

Editor’s Note: The headline of this story has been updated to include the missing words from Trump's quote.

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