Trump Secures Rare Earth Mineral Deal Amid China Export Delays

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Source: Bloomberg.com
Trump Secures Rare Earth Mineral Deal Amid China Export Delays
Photo: Bloomberg.com
TL;DR Summary

During his first meeting with Xi Jinping since January, Trump claimed a win for the US by securing a one-year pause on China's new export controls for critical minerals, but the deal mainly benefits China and reflects China's stronger bargaining position, with ongoing concerns about the impact on industries reliant on rare earths and the broader US-China trade relationship.

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