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Rare Earths Threaten Rare Trump-Xi Summit

China added five rare earth elements to export controls and tightened rules on foreign producers ahead of US-China trade talks, controlling over 90% of processed rare earths.

  • On Thursday, China's Ministry of Commerce expanded rare earth export controls, adding five elements and restricting materials used in semiconductors, AI systems and defence.
  • Ahead of the APEC meeting in South Korea, analysts say restrictions aim to create leverage for Beijing in trade talks before Chinese President Xi Jinping and President Donald Trump meet later this month.
  • On Dec. 1, foreign companies must obtain a dual-use license from MOFCOM for products with Chinese-origin rare-earth materials exceeding 0.1% by value.
  • Markets reacted as Lynas Rare Earths Ltd shares hit a 12-month high of $20.75 before closing at $20.59, while U.S.-listed Chinese stocks extended losses and the White House said relevant agencies are assessing impacts.
  • China's dominance in processed rare earths means its new rules mirror U.S. semiconductor export rules, but enforcement remains unclear as global supply chains seek non-Chinese supply alternatives.
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50 Articles

Lean Right

DECRYPTAGE - Donald Trump threatens China with 100% tariffs. Wall Street alarms the risk of suspension of trade relations between the United States and China.

·Paris, France
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Center

China is raising the stakes in the trade war ahead of the expected meeting between Trump and Xi in order to achieve a deal of its choosing, writes Asia correspondent Olli-Pekka Sulasma.

·Finland
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Just the News broke the news in Washington, United States on Thursday, October 9, 2025.
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