Trump Strikes Historic Trade Deal With China

TRUMP: CHINA TO PURCHASE FARM PRODUCTS, EXPORT RARE EARTH MINERALS, STOP FENTANYLPresident Trump says a two-hour meeting with President Xi in South Korea produced agreements for more U.S. farm purchases, increased rare earth exports, and a fentanyl crackdown. He called it a “huge win for American workers and farmers” and plans another meeting soon.
Trump also teased a potential China deal to purchase U.S. energy. Related: deal with South Korea, including a nuclear sub sale.
The Fed cut rates again yesterdaySecond cut this quarter… aimed at easing shutdown pressures and global uncertainty. Markets ticked up and mortgage lenders began adjusting rates. The Fed says it’s watching inflation and supporting stable growth.
Reports: massive devastation in Jamaica after Melissa’s direct hitUN coordinator calls the hurricane damage “unprecedented.” A Category 4 strike leveled homes, flooded communities, and cut power for much of the island. Relief operations continue.