U.S. and China Reach Preliminary Trade Agreement on Key Issues
TL;DR
China is carefully balancing its leverage in US trade negotiations by resuming exports of rare earths and magnets, crucial for many industries, while avoiding overplaying its hand to prevent long-term dependence on China. Recent licenses issued by China suggest a potential easing of export restrictions, but detailed supply agreements and licensing processes remain complex, highlighting the ongoing strategic and economic tensions in the global rare earth market.
- China Walks a Line in U.S. Trade Talks, Trying Not to Overplay Its Hand The New York Times
- Trump says China will supply rare earths in 'done' deal CNBC
- US, China reach deal to ease export curbs, keep tariff truce alive Reuters
- Trump says China deal includes magnets, student visas Axios
- Trump says China trade deal 'done,' but subject to 'final approval' ABC News
Want the full story? Read the original reporting
Read on The New York Times