https://sputnikglobe.com/20251030/china-agrees-to-pause-rare-earths-export-controls-for-1-year—bessent-1123039810.html
China Agrees to One-Year Pause on Rare Earths Export Controls – US Treasury Chief
China Agrees to One-Year Pause on Rare Earths Export Controls – US Treasury Chief
Sputnik International
The United States and China have agreed that Beijing will pause its restrictive measures on rare earth exports for one year, US Secretary of the Treasury Scott Bessent said on Thursday.
2025-10-30T13:59+0000
2025-10-30T13:59+0000
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Earlier in the day, US President Donald Trump said on Thursday he had a «truly great» meeting with Chinese leader Xi Jinping, during which the latter agreed to «continue the flow of Rare Earth, Critical Minerals, Magnets, etc., openly and freely.»
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united states, china, scott bessent, donald trump, xi jinping, rare earth minerals, export controls, trade agreement, critical minerals, magnets, us china relations, global trade, supply chain, economic diplomacy, fox business, international negotiations
united states, china, scott bessent, donald trump, xi jinping, rare earth minerals, export controls, trade agreement, critical minerals, magnets, us china relations, global trade, supply chain, economic diplomacy, fox business, international negotiations
WASHINGTON (Sputnik) – The United States and China have agreed that Beijing will pause its restrictive measures on rare earth exports for one year, US Secretary of the Treasury Scott Bessent said on Thursday.
Earlier in the day, US President Donald Trump said on Thursday he had a «truly great» meeting with Chinese leader Xi Jinping, during which the latter agreed to «continue the flow of Rare Earth, Critical Minerals, Magnets, etc., openly and freely.»
«They were going to put export controls on products with even 0.01% of rare earth minerals produced or manufactured in China. They were going to put export controls on those. It was China versus the world. And we were able to negotiate a one-year pause on that in return for some things that the Chinese wanted,» Bessent told Fox Business.
