Reuters World News Trump-Xi, Rio bodies, Melissa and Fed
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Oct 30, 2025 U.S. President Trump's recent meeting with Xi Jinping leads to tariff cuts and notable commitments from China. Hurricane Melissa wreaks havoc in the Caribbean, raising urgent relief needs. Brazil's deadliest police raid shocks the nation, with over 100 casualties reported. The Dutch elections bring significant gains for centrist parties, challenging far-right influence. Meanwhile, the Federal Reserve shows divisions on future interest rate cuts, with no guarantees for a reduction in 2025.
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Trump Announces Tariff Cut And Rare Earths Deal
- Donald Trump said he agreed with Xi Jinping to cut tariffs below 50% and to keep rare earths flowing, signaling a thaw in U.S.-China trade tensions.
- Markets remained skeptical, with Asian stocks wavering as traders doubted the deal's durability.
Nuclear Testing Shock Amid Diplomatic Talks
- Trump also announced plans to restart nuclear testing, surprising global observers and complicating an economically focused meeting with Xi.
- The announcement heightened security concerns amid recent North Korean and Russian weapons tests.
Melissa Devastates Caribbean Regions
- Hurricane Melissa devastated parts of the northern Caribbean, killing dozens in Haiti and severely damaging Jamaica with widespread power outages.
- Slow storm movement and repeated hits worsened recovery needs and displaced many families.