'Rare' leverage: How 'magnetic' Xi made Trump blink - and won US-China trade war

China's control over rare earth minerals, essential for modern technology, brought the US back to the negotiating table. Beijing strategically used export restrictions on these minerals, disrupting global industries from automotive to defense. This action forced the US to ease trade restrictions in exchange for China resuming rare earth shipments.

'Rare' leverage: How 'magnetic' Xi made Trump blink - and won US-China trade war
China's control over rare earth minerals, essential for modern technology, brought the US back to the negotiating table. Beijing strategically used export restrictions on these minerals, disrupting global industries from automotive to defense. This action forced the US to ease trade restrictions in exchange for China resuming rare earth shipments.