Trade
Trump meets Japan’s new prime minister, signs critical-minerals pact and spotlights tariff-and-investment framework
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President Donald Trump met Japan’s newly appointed Prime Minister Sanae Takaichi in Tokyo on Tuesday, signing a U.S.–Japan framework on rare earths and other critical minerals while highlighting a previously announced tariff-and-investment deal. The leaders later addressed thousands of U.S. troops aboard the USS George Washington and pledged a "golden age" for the alliance amid rising regional tensions.
Soybean prices exceed us$400 in chicago after us-china agreement
Soybean prices surpassed US$400 per ton in the Chicago market following an agreement between the United States and China, under which the Asian country committed to purchasing American grains. However, local prices fell in Rosario. Experts warn of potential negative impacts for Argentina and Brazil.
Ramaphosa reaffirms commitment to strengthen SA-Switzerland relations
October 29, 2025 23:18Egypt brokers African consensus on AfCFTA rules of origin after four years
October 29, 2025 10:41No projects finalized under Japan's $550 billion investment pledge
October 29, 2025 07:04Palace defends failure to secure lower US tariff
October 28, 2025 23:31US Senate approves repeal of Trump's tariffs on Brazil
October 28, 2025 15:53President Gustavo Petro starts commercial tour in Middle East
Apec ministers' meeting highlights open plurilateralism and AI cooperation
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South Korea's Trade Minister Yeo Han-koo emphasized open plurilateralism and AI cooperation at the APEC Ministerial Meeting in Gyeongju on October 30 amid global economic shifts. Foreign Minister Cho Hyun urged partners to keep the Asia-Pacific region 'open and connected' to jointly address economic and geopolitical challenges. The meeting serves as a final preparation for the leaders' summit on November 1 and 2.
Lutnick to meet Korean and US business leaders at APEC in Gyeongju
U.S. Commerce Secretary Howard Lutnick will hold a business roundtable with leaders of major Korean and American companies in Gyeongju on October 29, 2025. The event, a sideline to the summit between President Lee Jae Myung and U.S. President Donald Trump, is set to discuss industrial cooperation amid a pledged $350 billion investment from Seoul. The two countries are negotiating details of a potential bilateral trade agreement.
South Korea and US finalize trade deal at APEC summit
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At the Asia-Pacific Economic Cooperation (APEC) summit, Presidents Lee Jae Myung of South Korea and Donald Trump of the United States finalized details of a $350 billion Korean investment pledge. The deal includes tariff cuts on automobiles and shipbuilding cooperation, along with U.S. approval for South Korea to build nuclear-powered submarines. It marks a new chapter in bilateral industrial and economic ties.
Copper price hits historical record on us-china agreement
Copper prices hit a new historical high of US$4,983 per pound, driven by a preliminary US-China agreement to suspend tariffs. This sparked global optimism that lifted Chile's Ipsa and boosted stocks of firms exposed to Argentina following Javier Milei's victory. US markets also rose, with Nasdaq gaining 1.86%.
Trump says U.S.–South Korea trade deal is ‘pretty much finalized’ in Gyeongju ahead of Xi meeting
Petra Hartmann Image generated by AI Fact checked
On October 29, 2025, President Donald Trump said in Gyeongju that the United States and South Korea had essentially finalized a trade agreement as APEC events got underway, and he voiced optimism about a planned meeting with China’s Xi Jinping amid fraught tariff talks.
Trump arrives in South Korea for summits with Lee and Xi
U.S. President Donald Trump is set to arrive in South Korea on Wednesday from Japan for high-stakes summits with President Lee Jae Myung and Chinese President Xi Jinping during the Asia-Pacific Economic Cooperation (APEC) gathering in Gyeongju. This marks Trump's first Asia trip in his second term, focused on securing trade and investment deals amid market turmoil and tariff threats. The Korea-U.S. summit will center on finalizing a July framework trade agreement.
Ontario’s Doug Ford shifts from Trump enthusiast to leading critic of U.S. tariffs
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Ontario Premier Doug Ford, once openly admiring of Donald Trump, has become one of the most prominent Canadian voices against the U.S. president’s tariff agenda. A recent Ontario-funded TV ad using Ronald Reagan’s 1987 warnings about protectionism prompted Trump to abruptly cancel trade talks, before Ford paused the campaign to ease tensions.
Nikkei index tops 50,000 for the first time
Japan's Nikkei stock average surpassed 50,000 for the first time on October 27, closing at 50,512.32 amid gains in AI and semiconductor stocks. Easing U.S.-China trade tensions and expectations for Prime Minister Sanae Takaichi's economic policies further boosted investor confidence.
Egyptian service and export council discuss boosting fruit, vegetable exports to Kuwait
The Egyptian Commercial Service in Kuwait held an online meeting with the Agricultural Export Council to explore ways to increase Egypt's exports of fresh fruits and vegetables to the Kuwaiti market. This comes as part of efforts to expand the country's agricultural export footprint across Gulf markets. Participants highlighted the Kuwaiti market's importance as a key destination for Egyptian products.
Senate votes 52-48 to nullify Trump’s Brazil tariffs; five Republicans join Democrats
Petra Hartmann Fact checked
The Republican-led Senate approved a resolution to terminate the national emergency President Donald Trump used to impose 50% tariffs on Brazil, passing 52-48 with five GOP votes. The measure, sponsored by Sen. Tim Kaine, is largely symbolic given a House procedural blockade and the prospect of a presidential veto, but it foreshadows more tariff votes and an upcoming Supreme Court test of Trump’s trade powers.
Stars acquire Tuomaala from Flyers for defenseman Kyrou
The Dallas Stars acquired forward Samu Tuomaala from the Philadelphia Flyers on Oct. 30 in exchange for defenseman Christian Kyrou. Tuomaala, a 22-year-old from Oulu, Finland, was immediately assigned to the Texas Stars in the AHL. Kyrou, also 22, will report to the Flyers' AHL affiliate, the Lehigh Valley Phantoms.
South Africa signals economic revival amid US diplomatic thaw
South Africa's economy shows positive signs with growth exceeding 1% and removal from the FATF Grey List, while diplomatic ties with the US under the Trump administration begin to improve. Speculation surrounds the appointment of a new ambassador to Washington, and a US ambassador-designate expressed willingness to reset relations despite longstanding grievances. However, challenges like trade barriers and political disputes persist.