China agreed to delay for one year potentially devastating restrictions on the export of rare earth elements. In return, President Trump said the U.S. would lower its fentanyl-related tariffs on Chinese goods by 10%.
… The announcements came after the widely anticipated meeting between Mr. Trump and Chinese President Xi Jinping in South Korea on Thursday. The reprieve on rare earths is a major development, as those elements are crucial for smartphones, flat-screen TVs, fighter jets and a host of other modern-day technologies. China dominates the global market of rare earth processing.
… Just before meeting with his Chinese counterpart, Mr. Trump said he has instructed the Pentagon to resume nuclear weapons testing.
… Russian President Vladimir Putin said his country has successfully tested a new atomic-powered and nuclear-capable underwater drone.
… AI chipmaker Nvidia has become the world’s first $5 trillion company. 
… Satellite images show Iran is not rebuilding nuclear sites damaged by U.S. airstrikes in June but has shifted its attention to a new facility, dubbed Pickaxe Mountain.
… A former L3Harris executive pleaded guilty to selling stolen cyber-exploit tools to a Russia-linked actor.
… And a Senate bill would ban AI chatbot companions for minors.