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Trump says he expects to reach deal with China on trade, soybeans, possibly nuclear arms

Trump says he expects to reach deal with China on trade, soybeans, possibly nuclear arms
US Treasury Secretary Scott Bessent speaks to reporters at the White House in Washington on October 22, 2025. (REUTERS)
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Updated 17 sec ago

Trump says he expects to reach deal with China on trade, soybeans, possibly nuclear arms

Trump says he expects to reach deal with China on trade, soybeans, possibly nuclear arms
  • Hoping to iron out issues so Trump-Xi meeting starts on positive note, Bessent says
  • US Trade Representative Greer sees landing zone for US, China tra

WASHINGTON: US President Donald Trump said on Wednesday he expected to reach agreements with Chinese President Xi Jinping when they meet in South Korea next week that could range from resumed soybean purchases by Beijing to limits on nuclear weapons.
Trump told reporters in the Oval Office that he planned discuss China’s purchases of Russian oil and how to stop Russia’s war in Ukraine, now in its third year.
“I think we’ll make a deal,” Trump told reporters during a meeting with NATO Secretary General Mark Rutte, adding he believed that Xi had shifted his thinking on the war in Ukraine and would be receptive to a discussion about ending the war.
“He would now like — I’m not sure that he did at the beginning — he would now like that war to end,” he said. Trump’s comments stood in contrast to more strident remarks from his top trade negotiator and finance chief, who were headed to Asia on Wednesday to keep Trump’s meeting with Xi, the first of his second term, on track.
The US president downplayed the importance of China’s curbs on exports of rare earth magnets that have roiled markets, calling it “a disturbance” and describing tariffs as a “more powerful” issue.
Trump, under pressure from US farmers reeling from big drops in Chinese orders for soybeans, said he expected to reach some agreement with Xi on the issue. A deal was also possible on nuclear arms, he said, noting that Russian President Vladimir Putin had raised the prospect of a bilateral de-escalation of nuclear weapons, and China could be added to that effort.
Trade tensions between the US and China, the world’s two biggest economies, flared in recent weeks after months of relative calm. Trump imposed additional duties of 100 percent on China that are due to take effect on November 1 after China announced export controls on nearly all rare earths.

Top US officials head to Asia
US Treasury Secretary Scott Bessent and US Trade Representative Jamieson Greer were headed to Malaysia to defuse tensions over Beijing’s rare earth export curbs, as officials in Washington prepared to hit Beijing with fresh measures if no deals are reached. Reuters reported earlier that the Trump administration is considering a plan to curb a wide range of software-powered exports to China, from laptops to jet engines, to retaliate against Beijing, following Trump’s threat earlier this month to bar “critical software” exports to China. Bessent said Greer was already en route to Kuala Lumpur and he would head there later on Wednesday, before joining Trump for the rest of his Asia trip.
“This is China versus the globe. It’s not just on the US,” Bessent told Fox Business Network’s “Kudlow” program. “This licensing regime that they’ve proposed is unworkable and unacceptable.”
He said the US and its Western allies were contemplating how to respond if they were unable to negotiate a pause in Beijing’s plans or some other relief, but gave no details. “I’m hoping that we can get this ironed out this weekend so that the leaders can enter their talks on a more positive note,” he said. Bessent described the planned Trump-Xi meeting as a “pull-aside,” in what may be an attempt to dampen expectations. Trump is scheduled to travel to Kuala Lumpur for a meeting of the Association of Southeast Asian Nations that begins on Sunday, and later that week is expected in South Korea ahead of a leaders’ summit of the Asia-Pacific Economic Cooperation forum that is being held October 31-November 1 in Gyeongju.
Bessent said Trump would also stop in Japan to meet the new prime minister, Sanae Takaichi.
The US Treasury chief said he was optimistic that two days of “fulsome” talks with Chinese officials would lay the groundwork for a good meeting of the two leaders, noting that Trump had great respect for Xi.

China violated commitments, says Greer

Washington also announced sweeping new sanctions against two Russian oil companies, but stopped short of imposing tariffs on China, one of the largest buyers of Russian oil, as it has done with India, another big purchaser.
Greer and Bessent have both stressed they do not want to decouple from China, or escalate the situation, but insist the United States needs to rebalance trade with China after decades of very limited access to Chinese markets. Trump has sent conflicting signals on the Xi meeting in recent days, telling reporters on Tuesday that it might not happen.
Greer told CNBC’s “Squawk Box” that China’s rare earth measures violated a commitment its officials had made months ago to keep supplying rare earths needed for high technology, but said the US and China could find a new balance for trade in non-sensitive goods. China also had unfulfilled obligations to buy US agricultural and manufactured goods under a trade deal signed during Trump’s first term as president, he said.
“The US has always been quite open to the Chinese, and it’s really been driven by Chinese policies that exclude US companies and drive overcapacity and overproduction in China. None of that works for the United States,” he said. “We can’t live that way anymore so we need an alternative path.” 


White House announces new $200M ballroom as part of Trump’s latest makeover of ‘The People’s House’

White House announces new $200M ballroom as part of Trump’s latest makeover of ‘The People’s House’
Updated 6 sec ago

White House announces new $200M ballroom as part of Trump’s latest makeover of ‘The People’s House’

White House announces new $200M ballroom as part of Trump’s latest makeover of ‘The People’s House’
  • The 90,000-square-foot ballroom will be built where the East Wing sits with a seated capacity of 650 people

WASHINGTON: The White House on Thursday announced that construction on a massive, new $200 million ballroom will begin in September and be ready before President Donald Trump ‘s term ends in early 2029.
It will be the latest change introduced to what’s known as “The People’s House” since the Republican president returned to office in January. It also will be the first structural change to the Executive Mansion itself since the addition of the Truman balcony in 1948.
Trump has substantially redecorated the Oval Office through the addition of golden flourishes and cherubs, presidential portraits and other items, and installed massive flagpoles on the north and south lawns to fly the American flag. Workers are currently finishing up a project to replace the lawn in the Rose Garden with stone.
Trump for months has been promising to build a ballroom, saying the White House doesn’t have space big enough for large events and scoffing at the notion of hosting heads of state and other guests in tents on the lawn as past administrations have done for state dinners attended by hundreds of guests.
The East Room, the largest room in the White House, can accommodate about 200 people.
Trump said he’s been planning the construction for some time.
“They’ve wanted a ballroom at the White House for more than 150 years but there’s never been a president that was good at ballrooms,” Trump told reporters Thursday. “I’m good at building things and we’re going to build quickly and on time. It’ll be beautiful, top, top of the line.”
He said the new ballroom would not interfere with the mansion itself.
“It’ll be near it but not touching it and pays total respect to the existing building, which I’m the biggest fan of,” he said of the White House. “It’s my favorite. It’s my favorite place. I love it.”
Trump said the ballroom will serve administrations to come.
“It’ll be a great legacy project,” he said. “I think it will be really beautiful.”
The 90,000-square-foot ballroom will be built where the East Wing sits with a seated capacity of 650 people. The East Wing houses several offices, including the first lady’s. Those offices will be temporarily relocated during construction and that wing of the building will be modernized and renovated, said White House press secretary Karoline Leavitt.
White House chief of staff Susie Wiles said the president, whose early career was in real estate and construction, and his White House are “fully committed” to working with the appropriate organizations to preserve the mansion’s “special history.”
“President Trump is a builder at heart and has an extraordinary eye for detail,” Wiles said in a statement.
Leavitt said at her briefing Thursday that Trump and other donors have committed to raising the approximately $200 million in construction costs. She did not name any of the other donors.
Renderings of what the future ballroom will look like were posted on the White House website.
The president chose McCrery Architects, based in Washington, as lead architect on the project. The construction team will be led by Clark Construction. Engineering will be provided by AECOM.
Trump also has another project in mind. He told NBC News in an interview that he intends to replace what he said was a “terribly” remodeled bathroom in the famous Lincoln Bedroom with one that is closer in style to the 19-th century.


EU approves 19th package of Russian sanctions including LNG ban

EU approves 19th package of Russian sanctions including LNG ban
Updated 10 min 2 sec ago

EU approves 19th package of Russian sanctions including LNG ban

EU approves 19th package of Russian sanctions including LNG ban
  • Sanctions include travel restrictions, vessel listings, and Chinese entities
  • LNG ban starts in two stages, ending reliance on Russian fuels
  • Slovakia lifts reservation after energy price assurances

BRUSSELS : EU countries approved a 19th package of sanctions against Russia for its war against Ukraine that includes a ban on Russian liquefied natural gas imports, the Danish rotating presidency of the EU said on Wednesday. “We are very pleased to announce that we have just been notified by the remaining member state that it’s now able to lift its reservation on the 19th sanctions package,” it said.
Slovakia was the final holdout after EU countries agreed on the final text last week. Slovakia’s Prime Minister Fico wanted
assurances
from the European Commission on high energy prices and aligning climate targets with the needs of carmakers and heavy industry.
A Slovak diplomat said the country’s demands were met in new clauses added to the final communique for the EU leaders summit on Thursday. “Consequently, a written procedure for Council approval has been launched. If no objections are received, the package will be adopted tomorrow by 8 am,” it added. The LNG ban will take effect in two stages: short-term contracts will end after six months and long-term contracts from January 1, 2027. The full ban comes a year earlier than the Commission’s proposed roadmap to end the bloc’s reliance on Russian fossil fuels.
The new package also adds new travel restrictions on Russian diplomats and lists 117 more vessels from Moscow’s shadow fleet, mostly tankers, bringing the total to 558. The listings include banks in Kazakhstan and Belarus, the presidency said.
EU diplomatic sources told Reuters that four entities linked to China’s oil industry will be listed but the names will not be made public until the official adoption on Thursday. These include two oil refineries, a trading company and an entity which helps in the circumvention in oil and other sectors.
Ukrainian President Volodymyr Zelensky’s chief of staff welcomed the approval of the new EU sanctions package, saying many of Kyiv’s proposals had been incorporated into it.
“But we are not stopping. Package no. 20 is already in the works,” Andriy Yermak wrote on Telegram. “The logic is simple — less money in Russia means fewer missiles in Ukraine.” 


US announces new sanctions against Russia’s two biggest oil companies

 US announces new sanctions against Russia’s two biggest oil companies
Updated 12 min 37 sec ago

US announces new sanctions against Russia’s two biggest oil companies

 US announces new sanctions against Russia’s two biggest oil companies
  • The sanctions against Rosneft and Lukoil, as well as dozens of subsidiaries, followed months of bipartisan pressure on President Donald Trump to hit Russia with harder sanctions on its oil industry

WASHINGTON: Treasury Secretary Scott Bessent announced new sanctions Wednesday against Russia’s two biggest oil companies and blasted Moscow’s refusal to end its “senseless war” as US-led efforts to end the war floundered and the Ukrainian president sought more foreign military help.
The sanctions against Rosneft and Lukoil, as well as dozens of subsidiaries, followed months of bipartisan pressure on President Donald Trump to hit Russia with harder sanctions on its oil industry.
“Now is the time to stop the killing and for an immediate ceasefire,” Bessent said in a statement. Given Russian President Vladimir Putin’s “refusal to end this senseless war, Treasury is sanctioning Russia’s two largest oil companies that fund the Kremlin’s war machine.”
Bessent said the Treasury Department was prepared to take further action if necessary to support Trump’s effort to end the war. “We encourage our allies to join us in and adhere to these sanctions.”
Bessent made the comments as NATO Secretary General Mark Rutte was in Washington for talks with Trump. The military alliance has been coordinating deliveries of weapons to Ukraine, many of them purchased from the United States by Canada and European countries.
The announcement came after Russian drones and missiles blasted sites across Ukraine, killing at least six people, including a woman and her two young daughters.
The attack came in waves from Tuesday night into Wednesday and targeted at least eight Ukrainian cities, as well as a village in the region of the capital, Kyiv, where a strike set fire to a house in which the mother and her 6-month-old and 12-year-old daughters were staying, regional head Mykola Kalashnyk said.
At least 29 people, including five children, were wounded in Kyiv, which appeared to be the main target, authorities said.
Russian drones also hit a kindergarten in Kharkiv, Ukraine’s second-largest city, later Wednesday when children were in the building, Mayor Ihor Terekhov said. One person was killed and six were hurt, but no children were physically harmed, he said.
Ukrainian President Volodymyr Zelensky said many of the children were in shock. He said the attack targeted 10 separate regions: Kyiv, Odesa, Chernihiv, Dnipropetrovsk, Kirovohrad, Poltava, Vinnytsia, Zaporizhzhia, Cherkasy and Sumy.
Russia fired 405 strike and decoy drones and 28 missiles, mainly targeting Kyiv, Ukraine’s air force said.
Peace efforts stall
Trump’s efforts to end the war that started with Russia’s all-out invasion of its neighbor more than three years ago have failed to gain traction. Trump has repeatedly expressed frustration with Russian President Vladimir Putin’s refusal to budge from his conditions for a settlement after Ukraine offered a ceasefire and direct peace talks.
Trump said Tuesday that his plan for a swift meeting with Putin was on hold because he didn’t want it to be a “waste of time.” European leaders accused Putin of stalling.
Zelensky said Wednesday that Trump’s proposal to freeze the conflict where it stands on the front line “was a good compromise” — a step that could pave the way for negotiations.
Kremlin spokesman Dmitry Peskov said the planned summit requires careful preparation, suggesting that laying the groundwork could be protracted. “No one wants to waste time: neither President Trump nor President Putin,” he said.
In what appeared to be a public reminder of Russian atomic arsenals, Putin on Wednesday directed drills of the country’s strategic nuclear forces.
Zelensky urged the European Union, the United States and the Group of Seven industrialized nations to force Russia to the negotiating table. Pressure can be applied on Moscow “only through sanctions, long-range (missile) capabilities and coordinated diplomacy among all our partners,” he said.
More international economic sanctions on Russia are likely to be discussed Thursday at an EU summit in Brussels. On Friday, a meeting of the Coalition of the Willing — a group of 35 countries that support Ukraine — is to take place in London.
Zelensky credited Trump’s remarks that he was considering supplying Tomahawk missiles to Ukraine for Putin’s willingness to meet. The American president later said he was wary of tapping into the US supply of Tomahawks over concerns about available stocks.
Russia has not made significant progress on the battlefield, where a war of attrition has taken a high toll on Russian infantry and Ukraine is short of manpower, military analysts say. Both sides have invested in long-range strike capabilities to hit rear areas.
Ukraine says it hit key Russian chemical plant
The Ukrainian army’s general staff said its forces struck a chemical plant Tuesday night in Russia’s Bryansk region using British-made air-launched Storm Shadow missiles. The plant is an important part of the Russian military and industrial complex, producing gunpowder, explosives, missile fuel and ammunition, it said.
Russian officials in the region confirmed an attack but did not mention the plant.
Ukraine also claimed overnight strikes on the Saransk mechanical plant in Mordovia, Russia, which produces components for ammunition and mines, and the Makhachkala oil refinery in the Dagestan republic of Russia.
The Russian Defense Ministry said its air defenses downed 33 Ukrainian drones over several regions overnight, including the area around St. Petersburg. Eight airports temporarily suspended flights because of the attacks.
In other developments, Zelensky arrived Wednesday in Oslo, Norway, and after that flew to Stockholm, where he and Swedish Prime Minister Ulf Kristersson signed an agreement exploring the possibility of Ukraine buying up to 150 Swedish-made Gripen fighter jets over the next decade or more. Ukraine has already received American-made F-16s and French Mirages.
Russia’s long barrage
Moscow’s overnight attack also targeted energy infrastructure and caused rolling blackouts, officials said. Russia has been trying to cripple the country’s power grid before winter sets in.
“We heard a loud explosion and then the glass started to shatter, and then everything was caught up in a burst of fire. The embers were everywhere,” Olena Biriukova, who lives in a Kyiv apartment building, told The Associated Press.
“It was very scary for kids,” she said.
Two people were found dead in the Dnipro district of the Ukrainian capital, where emergency services rescued 10 people after a fire caused by drone debris hit the sixth floor of a 16-story residential building, local authorities said.
And in Kyiv’s Darnytskyi district, emergency services responded after drone debris hit a 17-story apartment block, causing a fire on five floors. Fifteen people were rescued, including two children.


Trump says he canceled Putin summit due to stalled negotiations

Trump says he canceled Putin summit due to stalled negotiations
Updated 20 min 4 sec ago

Trump says he canceled Putin summit due to stalled negotiations

Trump says he canceled Putin summit due to stalled negotiations

WASHINGTON: US President Donald Trump said on Wednesday he canceled a planned summit with Russian President Vladimir Putin, citing a lack of progress in diplomatic efforts and a sense that the timing was off.
“We canceled the meeting with President Putin — it just didn’t feel right to me,” Trump told reporters at the White House. “It didn’t feel like we were going to get to the place we have to get. So I canceled it, but we’ll do it in the future.”
Trump also expressed frustration with the stalled negotiations. “In terms of honesty, the only thing I can say is, every time I speak with Vladimir, I have good conversations, and then they don’t go anywhere. They just don’t go anywhere,” he said.
The summit cancelation came as the White House unveiled new sanctions targeting Russian oil exports, part of a broader effort to pressure Moscow over its continued military operations in Ukraine. Trump said he hoped the measures would be temporary.


COVID-19 vaccines may help some cancer patients fight tumors

COVID-19 vaccines may help some cancer patients fight tumors
Updated 32 min 22 sec ago

COVID-19 vaccines may help some cancer patients fight tumors

COVID-19 vaccines may help some cancer patients fight tumors
  • A healthy immune system often kills cancer cells before they become a threat

WASHINGTON: The most widely used COVID-19 vaccines may offer a surprise benefit for some cancer patients – revving up their immune systems to help fight tumors.
People with advanced lung or skin cancer who were taking certain immunotherapy drugs lived substantially longer if they also got a Pfizer or Moderna shot within 100 days of starting treatment, according to preliminary research being reported Wednesday in the journal Nature.
And it had nothing to do with virus infections.
Instead, the molecule that powers those specific vaccines, mRNA, appears to help the immune system respond better to the cutting-edge cancer treatment, concluded researchers from MD Anderson Cancer Center in Houston and the University of Florida.
The vaccine “acts like a siren to activate immune cells throughout the body,” said lead researcher Dr. Adam Grippin of MD Anderson. “We’re sensitizing immune-resistant tumors to immune therapy.”
Health Secretary Robert F. Kennedy Jr. has raised skepticism about mRNA vaccines, cutting $500 million in funding for some uses of the technology.
But this research team found its results so promising that it is preparing a more rigorous study to see if mRNA coronavirus vaccines should be paired with cancer drugs called checkpoint inhibitors — an interim step while it designs new mRNA vaccines for use in cancer.
A healthy immune system often kills cancer cells before they become a threat. But some tumors evolve to hide from immune attack. Checkpoint inhibitors remove that cloak. It’s a powerful treatment – when it works. Some people’s immune cells still don’t recognize the tumor.
Messenger RNA, or mRNA, is naturally found in every cell and it contains genetic instructions for our bodies to make proteins. While best known as the Nobel Prize-winning technology behind COVID-19 vaccines, scientists have long been trying to create personalized mRNA “treatment vaccines” that train immune cells to spot unique features of a patient’s tumor.
The new research offers “a very good clue” that maybe an off-the-shelf approach could work, said Dr. Jeff Coller, an mRNA specialist at Johns Hopkins University who wasn’t involved with the work. “What it shows is that mRNA medicines are continuing to surprise us in how beneficial they can be to human health.”
Grippin and his Florida colleagues had been developing personalized mRNA cancer vaccines when they realized that even one created without a specific target appeared to spur similar immune activity against cancer.
Grippin wondered if the already widely available mRNA coronavirus shots might also have some effect, too.
So the team analyzed records of nearly 1,000 advanced cancer patients undergoing checkpoint inhibitor treatment at MD Anderson – comparing those who happened to get a Pfizer or Moderna shot with those who didn’t.
Vaccinated lung cancer patients were nearly twice as likely to be alive three years after beginning cancer treatment as the unvaccinated patients. Among melanoma patients, median survival was significantly longer for vaccinated patients – but exactly how much isn’t clear, as some of that group were still alive when the data was analyzed.
Non-mRNA vaccines such as flu shots didn’t make a difference, he said.