US president has called for halt to energy imports over Ukraine war
01:52
Japanese media extensively covered President Trump's efforts to de-escalate trade tensions with China's Xi Jinping, with reports in the early morning about discussions on tariffs and rare earth export regulations. By late morning, it was confirmed that Trump had cut fentanyl-linked tariffs by 10% after China promised to address the issue, and China delayed rare-earth export controls. This followed earlier reports of a Fed interest rate cut and the Bank of Japan maintaining its 0.5% policy rate. Separately, Prime Minister Takaichi Sanae held her first summit with South Korean President Lee Jae-myung, with reports emerging from late morning into the afternoon that they agreed to continue "shuttle diplomacy."