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[Trump Announces Rare Earth Agreement with China and Reduces Fentanyl Tariffs to 10%] U.S. President Trump confirmed that a one-year agreement on rare earths and critical minerals has been reached with China, while reducing tariffs on fentanyl imports from China to 10%. The leaders of the two countries held their first meeting in six years in Busan, South Korea, which lasted 1 hour and 40 minutes. Trump stated upon leaving South Korea that the meeting achieved significant results, including resolving the rare earth issue and reducing China's export tariffs from 57% to 47%. Additionally, Trump revealed plans to visit China in April 2026 to further advance bilateral cooperation.

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