“I expect to be lowering that because I believe that they're going to help us with the fentanyl situation,” Trump said, later adding, “The relationship with China is very good.”

The US-China trade war, which has defined much of the past decade’s economic turbulence, appears to have reached a temporary pause.

Washington and Canberra have signed a new agreement to strengthen cooperation on rare earths and critical minerals, in a bid to reduce dependence on China's supply chains. The deal, promising billions…