US Edition
Beijing Puts Six-Month Limit on Its Ease of Rare-Earth Export Licenses: WSJ
- Starting June 2025, China will restrict the duration of rare-earth export permits granted to American carmakers and manufacturers to a six-month period.
- This limit followed a May trade truce in Geneva and two days of London talks that restored temporary licenses.
- In return, the United States consented to relax limitations concerning the sale of jet engines, components, and ethane utilized in producing plastics.
- President Trump announced that the finalized agreement will include the provision of complete magnets along with all required rare earth materials, pending final authorization.
- If finalized, China will start issuing licenses quickly, and the U.S. will begin lifting export controls and countermeasures.
25 Articles
25 Articles
For the time being, the US and China have de-escalated in the trade conflict, but the government in Beijing has demonstrated the powerful weapon it has: an export restriction for rare earths can paralyze companies.
China is imposing a six-month ban on export licenses for critical earth metals for U.S. companies, sources told the Wall Street Journal. That would give Beijing an advantage if trade tensions between the countries flare up again. At the same time, China's decision increases uncertainty for American industry.
Washington.- The agreement between China and the United States, reached in the last few hours and aimed at reducing tariffs between the two nations, provides for the easing of export licences for minerals and rare earths for American car manufacturers, but only for six months. The Wall Street Journal released this afternoon that China imposed a six-month limit on rare earth export licences for American car manufacturers, according to people clos…
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Bias Distribution
- 64% of the sources are Center
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