  China - US

In the tariff dispute between the US and China both sides are now saying they are close to reaching a deal, and Presidents Trump and Xi are scheduled to meet in South Korea on 30 October. On Monday, however, Trump concluded rare earths deal with Japan which in view of China's recent export restrictions can be seen as a pact against Beijing.

During negotiations in London, the US and China have agreed on a framework for a deal in their trade dispute. According to US President Trump the deal foresees tariffs of 55 percent on Chinese imports to the US, with 10-percent tariffs on US imports to China. Mutual export restrictions on rare earths and high-tech products are also to be lifted. The media take stock.

China and the US have agreed to significantly reduce their mutual tariffs in their escalating trade dispute. Following consultations between the two sides in Geneva, US tariffs on Chinese imports will drop to 30 percent and Beijing's levies on US imports will drop to 10 percent as of Wednesday. Prior to the deal the tariffs had been raised to 145 and 125 percent respectively. The new arrangement will initially apply for 90 days. The media weigh in.

US President Donald Trump is suspending most of his controversial tariff package for 90 days. Treasury Secretary Scott Bessent has promised more than 70 countries talks on tariff agreements in the coming week. By contrast, China, which had retaliated with its own special tariffs of 84 percent on US imports, has been slapped with another hike – bringing tariff rates on its exports to 125 percent. What's behind the backpedalling and the crackdown on Beijing?