{"id":4263,"date":"2025-06-27T10:08:51","date_gmt":"2025-06-27T10:08:51","guid":{"rendered":"http:\/\/developeternal.com\/?p=4263"},"modified":"2025-06-27T17:29:29","modified_gmt":"2025-06-27T17:29:29","slug":"us-and-china-finalize-deal-to-resume-rare-earth-shipments","status":"publish","type":"post","link":"http:\/\/developeternal.com\/index.php\/2025\/06\/27\/us-and-china-finalize-deal-to-resume-rare-earth-shipments\/","title":{"rendered":"US and China finalize deal to resume rare-earth shipments"},"content":{"rendered":"

Beijing had suspended exports of a broad range of critical minerals and magnets in response to Washington\u2019s tariff hikes<\/strong><\/p>\n<\/p>\n

The US and China have finalized a trade understanding first brokered last month in Geneva, US Commerce Secretary Howard Lutnick has announced, signaling a potential thaw in the trade war. The deal includes a commitment by China to resume supplying rare-earth minerals critical to numerous industries, Lutnick told Bloomberg on Friday.\u00a0 \u00a0<\/p>\n

Tensions between the world\u2019s two largest economies escalated in April when US President Donald Trump imposed sweeping tariffs on over 90 countries, including China, citing trade imbalances. Beijing retaliated, triggering spiraling tariff hikes that reached 145% by the US and 125% by China. After talks in Geneva last month, the two sides agreed to pause most new tariffs. But since then, each has accused the other of violating the terms and stalling negotiations on issues such as export controls.\u00a0 \u00a0<\/p>\n

The latest agreement reportedly reflects terms negotiated in previous trade talks, but its success depends on the follow-through from both sides, particularly China\u2019s delivery of rare-earth materials. \u00a0<\/p>\n

\u201cThey\u2019re going to deliver rare earths to us\u201d<\/em> and once they do that, \u201cwe\u2019ll take down our countermeasures,\u201d<\/em> Lutnick told Bloomberg, adding that the trade deal was signed two days ago and that it cemented commitments made during earlier talks.\u00a0 \u00a0<\/p>\n

The Geneva deal had reportedly faltered over China\u2019s curbs on critical minerals exports, prompting the Trump administration to respond with export controls of its own preventing shipments of semiconductor design software, aircraft, and other goods to China. \u00a0<\/p>\n

\n Read more<\/strong><\/span><\/p>\n

\n \"FILE
Trump claims deal with China \u2018is done\u2019<\/a><\/figcaption><\/figure>\n<\/blockquote>\n

China\u2019s suspension of exports of a broad range of critical minerals and magnets had disrupted global supply chains vital to automakers, aerospace firms, semiconductor makers, and military contractors. \u00a0<\/p>\n

A separate White House official cited by Reuters said that Washington had reached a rare-earth shipment agreement with Beijing focused on \u201chow we can implement expediting rare earths shipments to the US again.\u201d<\/em> \u00a0<\/p>\n

China has been taking its dual-use restrictions on rare earths \u201cvery seriously\u201d<\/em> and has been vetting buyers to ensure that materials are not diverted to US military uses, Reuters said, citing an industry source. This has slowed down the licensing process. \u00a0<\/p>\n

While addressing an event in support of the \u201cbig, beautiful bill\u201d<\/em> at the White House on Thursday, Trump said the US had signed a deal with China on Wednesday, without providing details, and suggested a separate agreement could be coming that would \u201copen up\u201d<\/em> India. He hinted that a \u201cvery big\u201d<\/em> deal with India was in the works.<\/p>\n","protected":false},"excerpt":{"rendered":"

Beijing had suspended exports of a broad range of critical minerals and magnets in response to Washington\u2019s tariff hikes The US and China have finalized a trade understanding first brokered last month in Geneva, US Commerce Secretary Howard Lutnick has announced, signaling a potential thaw in the trade war. The deal includes a commitment by…<\/p>\n","protected":false},"author":1,"featured_media":4265,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[],"class_list":["post-4263","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"http:\/\/developeternal.com\/index.php\/wp-json\/wp\/v2\/posts\/4263","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/developeternal.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/developeternal.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/developeternal.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/developeternal.com\/index.php\/wp-json\/wp\/v2\/comments?post=4263"}],"version-history":[{"count":2,"href":"http:\/\/developeternal.com\/index.php\/wp-json\/wp\/v2\/posts\/4263\/revisions"}],"predecessor-version":[{"id":4267,"href":"http:\/\/developeternal.com\/index.php\/wp-json\/wp\/v2\/posts\/4263\/revisions\/4267"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/developeternal.com\/index.php\/wp-json\/wp\/v2\/media\/4265"}],"wp:attachment":[{"href":"http:\/\/developeternal.com\/index.php\/wp-json\/wp\/v2\/media?parent=4263"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/developeternal.com\/index.php\/wp-json\/wp\/v2\/categories?post=4263"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/developeternal.com\/index.php\/wp-json\/wp\/v2\/tags?post=4263"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}