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US, China talks sketch out rare earths, tariff pause for Trump and Xi to consider

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US, China talks sketch out rare earths, tariff pause for Trump and Xi to consider


US President Donald Trump speaks during the ASEAN-US Summit in Kuala Lumpur, Malaysia, October 26, 2025. — Reuters
  • Chinese official says “preliminary consensus” reached.
  • US official expects China to delay rare earths curbs for a year.
  • Donald Trump optimistic about deal when he meets Xi Jinping.

Top Chinese and US economic officials on Sunday hashed out the framework of a trade deal for US President Donald Trump and Chinese President Xi Jinping to decide on later this week that would pause steeper American tariffs and Chinese rare earths export controls, US officials said.

US Treasury Secretary Scott Bessent said that talks on the sidelines of the ASEAN Summit in Kuala Lumpur had eliminated the threat of Trump’s 100% tariffs on Chinese imports starting November 1.

Bessent also said that he expects China to delay implementation of its rare earth minerals and magnets licencing regime by a year while the policy is reconsidered.

Chinese officials were more circumspect about the talks and offered no details about the outcome of the meetings.

Trump and Xi are due to meet on Thursday on the sidelines of the Asia-Pacific Economic Cooperation (APEC) summit in Gyeongju, South Korea, to sign off on the terms. While the White House has officially announced the highly anticipated Trump-Xi talks, China has yet to confirm that the two leaders will meet.

“I think we have a very successful framework for the leaders to discuss on Thursday,” Bessent told reporters after he and US Trade Representative Jamieson Greer met with Chinese Vice Premier He Lifeng and top trade negotiator Li Chenggang for their fifth round of in-person discussions since May.

Bessent said he anticipates that a tariff truce with China will be extended beyond its November 10 expiration date, and that China will revive substantial purchases of US soybeans after buying none in September while favouring soybeans from Brazil and Argentina.

US soybean farmers “will feel very good about what’s going on both for this season and the coming seasons for several years” once the deal’s terms are announced, Bessent told the ABC programme “This Week.”

Greer told the “Fox News Sunday” programme that both sides agreed to pause some punitive actions and found “a path forward where we can have more access to rare earths from China, we can try to balance out our trade deficit with sales from the United States.”

Trump expects a deal, Chinese suggest caution

China’s Li Chenggang said the two sides reached a “preliminary consensus” and will next go through their respective internal approval processes.

“The US position has been tough, whereas China has been firm in defending its own interests and rights,” Li said through an interpreter. “We have experienced very intense consultations and engaged in constructive exchanges in exploring solutions and arrangements to address these concerns.”

Trump arrived in Malaysia on Sunday for a summit of the Association of Southeast Asian Nations, his first stop in a five-day Asia tour that is expected to culminate in Thursday’s face-to-face with Xi in South Korea.

After the weekend talks, Trump struck a positive tone, saying: “I think we’re going to have a deal with China”.

Trump had threatened new 100% tariffs on Chinese goods and other trade curbs starting on November 1, in retaliation for China’s expanded export controls on rare earth magnets and minerals.

China controls more than 90% of the world’s supply for the materials, which are essential for high-tech manufacturing from electric vehicles to semiconductors and missiles. The export controls and Trump’s threatened retaliation would disrupt a delicate six-month truce under which China and the US reduced tariffs that had quickly escalated to triple-digit rates on each side.

The US and Chinese officials said that, in addition to rare earths, they discussed trade expansion, the US fentanyl crisis, US port entrance fees, and the transfer of TikTok to US ownership control.

Bessent told NBC’s “Meet the Press” programme that the two sides have to iron out details of the TikTok deal, allowing Trump and Xi to “consummate the transaction” in South Korea.

Talking points with Xi include soybeans, Taiwan

On the sidelines of the ASEAN Summit, Trump hinted at possible meetings with Xi in China and the United States.

“We’ve agreed to meet. We’re going to meet them later in China, and we’re going to meet in the US, in either Washington or at Mar-a-Lago,” Trump said.

Among Trump’s talking points with Xi are Chinese purchases of US soybeans, concerns around Taiwan, which China views as its own territory, and the release of jailed Hong Kong media tycoon Jimmy Lai.

Trump also said he will seek China’s help in US dealings with Moscow, as Russia’s war in Ukraine grinds on.

Tensions between the world’s two largest economies flared in the past few weeks as a delicate trade truce, reached after a first round of trade talks in Geneva in May and extended in August, failed to prevent the United States and China from hitting each other with more sanctions, export curbs, and threats of stronger retaliatory measures.

China’s expanded controls of rare earths exports have caused a global shortage. That has prompted the United States to consider a block on software-powered exports to China, from laptops to jet engines, according to a Reuters report.





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Holly Willoughby spotted with Nicole Appleton as she prepares for Youtube comeback

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Holly Willoughby spotted with Nicole Appleton as she prepares for Youtube comeback


Holly Willoughby joined her friend Nicole Appleton for a lunch date with pals

Holly Willoughby joined her friend Nicole Appleton for a lunch date with pals at 1 Hotel MayFair in London on Friday.

For the outing, This Morning host, 45, donned a chic navy trench coat and accessroirsed with a matching leather shoulder bag.

She completed her look with denim jeans and a white blouse as she paused for a stunning pose on her way to the luxurious hotel.

Meanwhile All Saints star Nicole, 51, showed off her slim frame in a pair of stylish jeans and a black shoulder-padded blazer with a white T-shirt underneath. 

It comes shortly after reported emerged that Holly is preparing to make her TV comeback with her own Youtube channel, following speculation about a solo project.

It has now been reported that the 44-year-old is following other stars who have their own channels, including Ant and Dec, chef Gordon Ramsay and rapper KSI.

Ms Willoughby has largely been off our screens since she left This Morning in October 2023, after she was told a former security guard had planned to kidnap, rape and murder her.

Since leaving This Morning, she briefly hosted ITV’s You Bet! and Netflix’s reality show Celebrity Bear Hunt. 





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Kanye ‘Ye’ West trips during trial: ‘Is he asleep?’

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Kanye ‘Ye’ West trips during trial: ‘Is he asleep?’


Kanye ‘Ye’ West trips during trial: ‘Is he asleep?’

Kanye “Ye” West had a turbulent day on the witness stand on Friday, repeatedly appearing to struggle to stay awake as he testified in the trial over the disastrous renovation of his former Malibu mansion.

According to Rolling Stone, who was present in the Los Angeles courtroom, the rapper “repeatedly yawned, closed his eyes for long stretches and at times seemed to catch his head falling forward” during his appearance in the second week of the trial. 

The moment reached a peak when the lawyer representing the plaintiff reportedly turned away from the stand and mouthed “Is he asleep?”

The presiding judge also appeared to be in shock, asking them to ask the attorney to “make things a little snappier” with their questioning.

When asked about the work carried out on the property, Ye’s repeated answer was a simple “I don’t recall.”

The trial centres on a lawsuit brought by contractor Tony Saxon, who is suing Ye for unpaid wages, unsafe working conditions, and wrongful termination. 

Saxon claims he was forced to live on the property, a striking four-bedroom, 4,000-square-foot estate in Malibu designed by celebrated Japanese architect Tadao Ando, as Ye attempted to transform it according to a series of unusual demands. 

Those plans included making the property entirely self-sufficient and “off the grid,” and at one point replacing a staircase with a slide. 

Saxon alleges he suffered an injury during the failed construction, was subsequently fired after raising safety concerns, and says Ye is liable for his medical bills.

The results of the renovation speak for themselves. 

The Ando-designed property, which Ye purchased for $57 million in 2021, was stripped down to a bare “concrete shell”, left with no windows, doors, electricity, or plumbing. 

He sold it at a staggering loss in 2024, offloading the estate for $21 million. The Saxon case is one of several legal matters Ye is set to face in court in the coming months.





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Ben Stiller condemns use of ‘Tropic Thunder’ clip in political video

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Ben Stiller condemns use of ‘Tropic Thunder’ clip in political video


Ben Stiller condemns use of ‘Tropic Thunder’ clip in political video

Ben Stiller has publicly demanded the White House remove a clip from his 2008 film Tropic Thunder from a government-produced video promoting the Trump administration’s military strikes on Iran, calling it “propaganda” and declaring that “war is not a movie.”

Stiller posted his objection on X after a White House video began circulating on social media, featuring clips from a string of major Hollywood films and television shows, including Gladiator, Braveheart, Iron Man, Breaking Bad, Deadpool, and Top Gun, intercut with real-life drone strike footage, and concluding with a voiceover declaring “flawless victory.” 

“Hey White House, please remove the Tropic Thunder clip,” Stiller wrote. “We never gave you permission and have no interest in being a part of your propaganda machine. War is not a movie.”

Credits: Twitter/Ben Stiller
Credits: Twitter/Ben Stiller

The video sparked immediate and widespread backlash online. 

Journalist Séamus Malekafzali wrote, “I don’t think a more embarrassing and humiliating thing has ever been produced before by any government in human history. I somehow might be underselling it.” 

ABC Saturday Extra host Nick Bryant asked, “Are there any grown ups in the White House? Is there any understanding of the seriousness and horror of war? This is frat house not White House.” 

Podcaster Vince Mancini drew a sharp historical comparison, questioning why the administration would bother with a supercut of old films as justification for military action.





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