US-China Trade Talks Face Uncertainty Amid Diplomatic Tensions
TL;DR Summary
US President Trump claimed China agreed to restart the flow of crucial rare earth minerals after talks with Xi Jinping, but analysts suggest China is unlikely to relinquish its leverage over rare earths, which it controls 90% of globally. The export restrictions, imposed during the US-China trade war, remain in place with a complex licensing system, and China may use its dominance as a bargaining chip in broader trade negotiations.
Topics:nation#china#export-restrictions#rare-earth-minerals#trade-negotiations#us-china-relations#world
- Trump says Xi agreed to restart flow of crucial minerals, but analysts say China won’t give up its ‘rare earth card’ CNN
- US, China set for trade talks in London on Monday Reuters
- Xi Bets Trump Detente Will Lead to Future Wins on Chips, Tariffs Bloomberg.com
- Xi to Trump: Rein in the Hawks Trying to Derail the Tariff Truce The New York Times
- ‘We Would Have Had Leverage’: How Trump Botched the Trade War With China Politico
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