US Edition
Trump Says Xi Agreed to Restart Flow of Crucial Minerals, but Analysts Say China Won’t Give up Its ‘Rare Earth Card’
- On June 6, 2025, US President Donald Trump announced that following a rare call between the two leaders, Chinese President Xi Jinping had consented to resume exports of rare earth minerals to the United States.
- This announcement followed a May 12 agreement in Geneva where both countries agreed to roll back most tariffs for 90 days amid ongoing trade tensions.
- In April, China halted exports of essential minerals crucial for automotive and semiconductor industries, prompting Trump to claim that China had breached the Geneva agreement and respond with restrictions on chip-design technology and other shipments.
- Trump described the outcome of the talks as highly encouraging and confirmed that Xi had agreed to permit the export of rare earths and magnets, noting that progress on the China agreement was well underway.
- This development signals a potential easing of US-China trade tensions, with top aides scheduled for further talks in London on June 9 to advance negotiations.
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Trump says Xi agreed to restart the flow of rare earth minerals. Why are rare earths important for Chinese economy?
China refines over 92% of the world's rare earth minerals, while mining 60% of the same, asserting a global dominance in the rare earth minerals and magnets front. Check why rare earths are important for the Chinese economy.
·New Delhi, India
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Trump Says China Will Resume Rare Earth Exports Ahead Of London Trade Talks - Worthy Christian News
by Worthy News Washington D.C. Bureau Staff (Worthy News) – President Donald Trump confirmed Saturday that Chinese President Xi Jinping has agreed to resume exports of rare earth minerals to the United States, a critical step forward as trade delegations from both nations prepare to meet in London next week. “Yes, he did,” Trump told reporters aboard Air Force One when asked whether Xi had made the commitment during a recent call. The confirmati…
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Total News Sources56
Leaning Left4Leaning Right11Center16Last UpdatedBias Distribution52% Center
Bias Distribution
- 52% of the sources are Center
52% Center
13%
C 52%
R 35%
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