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US-China Reach Tentative Rare Earths Trade Deal

US-China Reach Tentative Rare Earths Trade Deal

US-China Reach Tentative Rare Earths Trade Deal A preliminary US-China trade agreement addressing rare earth elements has been announced following bilateral talks. The deal, subject to final approval from both Presidents Trump and Xi, aims to alleviate US restrictions on these critical materials, vital for tech sectors like semiconductors and mobile phone manufacturing. China currently holds a dominant position in rare earth production (61% of global production, 92% of global output). The specifics of US concessions remain undisclosed, prompting scrutiny…

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US-China Trade Deal Framework: A Deep Dive into the Announced Agreement and its Global Implications

US-China Trade Deal Framework: A Deep Dive into the Announced Agreement and its Global Implications

US-China Trade Deal Framework: A Deep Dive into the Announced Agreement and its Global Implications President Donald Trump’s June 11th announcement of a completed trade deal with China marked a significant development in the ongoing trade war between the two economic giants. While Trump declared the deal “done,” a more nuanced picture emerges from statements by administration officials and Chinese representatives. This analysis delves into the details of the announced framework agreement, examining its potential impact on global markets and…

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Trump Announces Rare Earths Deal with China: A Truce in the Trade War?

Trump Announces Rare Earths Deal with China: A Truce in the Trade War?

Trump Announces Rare Earths Deal with China: A Truce in the Trade War? President Donald Trump announced a tentative deal with China regarding the supply of rare earth minerals and magnets to US companies. This announcement, made via his Truth Social platform, follows two days of intense negotiations in London aimed at easing escalating trade tensions. The agreement, described as “done” pending final approval from both Trump and President Xi Jinping, seemingly addresses US concerns about China’s slow release of…

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US-China Trade Framework: 55% Tariffs, Rare Earths Deal, and Unclear Implications

US-China Trade Framework: 55% Tariffs, Rare Earths Deal, and Unclear Implications

US-China Trade Framework: 55% Tariffs, Rare Earths Deal, and Unclear Implications President Trump announced a framework for a US-China trade deal, claiming a 55% total tariff rate on Chinese goods and securing rare earth mineral and magnet supplies from China. This figure, however, includes pre-existing tariffs, not a new increase. In exchange, the US will reportedly grant concessions, including continued access for Chinese students to US universities. The agreement lacks specifics and is framed as a stepping stone towards a…

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US-China Trade Truce: A Framework for De-escalation

US-China Trade Truce: A Framework for De-escalation

US-China Trade Truce: A Framework for De-escalation The US and China have agreed on a framework to resolve their ongoing trade dispute, temporarily easing export restrictions on rare earth minerals and semiconductors. This follows a previous Geneva agreement that stalled due to conflicting export controls. The deal involves reciprocal removal of some export restrictions: China will lift curbs on rare earth minerals and magnets, while the US will ease restrictions on certain technology exports to China. Details remain scarce, pending…

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US and China Reach Tentative Trade Deal, A De-escalation in the Tech War?

US and China Reach Tentative Trade Deal, A De-escalation in the Tech War?

US and China Reach Tentative Trade Deal, A De-escalation in the Tech War? In a significant development that could reshape the global tech landscape, the United States and China have agreed “in principle” on a framework to ease escalating trade tensions. Following two days of high-stakes negotiations in London, officials from both countries announced a tentative deal aimed at resolving disputes over critical exports, including rare earth minerals and advanced chips. The agreement, which will be submitted to both President…

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