Update (0850ET):

Treasury Secretary Scott Bessent outlined several new developments from the Trump-Xi trade discussions during an appearance on Fox News' "Mornings with Maria" with Maria Bartiromo just moments ago.

Bessent revealed that China will purchase at least 25 million metric tons of U.S. soybeans per year for the next three years, with other countries expected to buy an additional 19 million metric tons, and that formal deal-signing could occur as soon as next week. He said China will begin by purchasing 12 million metric tons of U.S. soybeans this harvest season. 

Here are Bessent's most important headlines:

CHINA TO BUY AT LEAST 25M METRIC TONS OF SOY PER YEAR

CHINA 25M METRIC TONS PER YEAR FOR NEXT THREE YEARS

OTHER COUNTRIES WILL BUY 19 M METRIC TONES OF U.S. SOYBEANS

CHINA DEAL SIGNATURES POSSIBLY NEXT WEEK

EXPECT TIKTOK DEAL TO GO FORWARD IN WEEKS, MONTHS

U.S. AGREED TO CUT IN HALF ITS FENTANYL RELATED TARIFF ON CHINESE GOODS IN RETURN FOR REDUCING FENTANYL PRECURSOR CHEMICAL FLOWS TO U.S.

CHINA COMMITTED TO REDUCING PRECURSOR FLOW ON FENTANYL

U.S. SUSPENDING NEW RULE ON ENTITY LIST

CHINA'S XI UNILATERALLY EXPRESSED INTEREST IN U.S. PIPELINE PROJECT IN ALASKA

U.S. IS BEHIND CHINA ON NUCLEAR POWER BUT WILL CATCH UP

IT'S ALL HANDS ON DECK FOR NUCLEAR POWER