China’s Rare Earth Export Delay Threatens US-China Trade Deal

The fragile U.S.-China trade agreement, negotiated recently in Geneva, faces imminent collapse due to China’s refusal to honor its commitments on rare earth mineral exports. The agreement included a 90-day pause on tariffs in exchange for China resuming exports of these critical materials. However, despite assurances and the temporary truce on tariffs, China has stalled the approval process for export licenses related to rare earths, hindering progress on trade relations.