The US has finalized an agreement with China to accelerate the shipment of rare earths amid ongoing trade disputes. This move follows discussions in Geneva where China committed to lifting non-tariff barriers imposed against the US, although specifics remain unclear. The agreement marks progress in the long-standing trade war, which has seen China suspend exports of vital minerals, impacting numerous industries. While this deal offers hope for easing trade uncertainty, significant challenges remain before a comprehensive trade resolution can be achieved.
The United States has reached an agreement with China on how to expedite rare earth shipments to the US, marking a significant step toward resolving trade tensions.
As part of its retaliation against new US tariffs, China suspended exports of critical minerals and magnets, disrupting supply chains essential to various industries globally.
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