Reuters. U.S. President Donald Trump and Japan Prime Minister Sanae Takaichi on Tuesday (October 28) signed a framework agreement for securing the supply of critical minerals and rare earths through mining and processing, after a bilateral meeting in Tokyo.
The countries plan to cooperate through use of economic policy tools and coordinated investment to accelerate development of diversified, liquid, and fair markets for critical minerals and rare earths, the White House said in a statement.
Trump and Takaichi will later visit the U.S. naval base in Yokosuka near Tokyo, which is home to the aircraft carrier USS George Washington, part of the U.S. military's powerful presence in the region.
Trump will then meet business leaders in Tokyo, before travelling on Wednesday (October 29) to South Korea. In talks there with Chinese President Xi Jinping, Trump said he hopes to seal a trade war truce between the world's two biggest economies.
