Deal on Minerals and Tariffs

U.S. and China agree on one-year rare earths/critical minerals deal, reducing Chinese export tariffs to 47%.
Talks focused on tariffs, tech curbs, fentanyl, and ByteDance divestiture.
First meeting in six years, lasting 1h40m; Trump calls Xi 'old friend'.
Xi supports MAGA vision, pledges to curb fentanyl and resume U.S. soybean purchases.
Trump announces reciprocal visits; tensions high with recent export controls and software export bans.

Policy | Trade | Tensions

United States | China

Donald Trump | Xi Jinping

1 week ago