US-China trade boost: US hopes to finalise China rare earths deal by Thanksgiving; Beijing to suspend export curbs
The US aims to finalize a rare earths deal with China by Thanksgiving, suspending Beijing's export restrictions on critical minerals. This tentative agreement, following the Trump-Xi meeting, also involves the US rolling back some tariffs and China resuming significant soybean purchases. Washington is confident in Beijing's commitment but holds leverage if assurances are broken.
The US aims to finalize a rare earths deal with China by Thanksgiving, suspending Beijing's export restrictions on critical minerals. This tentative agreement, following the Trump-Xi meeting, also involves the US rolling back some tariffs and China resuming significant soybean purchases. Washington is confident in Beijing's commitment but holds leverage if assurances are broken.
