Deal with China Will Speed Export of Rare Earth Minerals to the U.S., Treasury Secretary Says
- On June 27, 2025, the United States and China reached a trade agreement designed to improve American companies' ability to acquire key rare earth elements and magnetic materials supplied by China.
- The deal followed China's retaliation against steep U.S. tariffs and included scaling back punitive tariff hikes that disrupted critical supply chains.
- U.S. Treasury Secretary Scott Bessent stated that the agreement includes lowering tariffs and resuming the supply of rare earth magnets to the United States.
- Bessent expressed assurance that the magnets would be supplied to U.S. companies that had previously received them regularly, in line with the established agreement.
- The agreement suggests a de-escalation in the trade war, but concerns remain about U.S. economic risks, including funding the national deficit and investment stability.
32 Articles
32 Articles

China signs trade deal with US over minerals
BANGKOK — Washington and Beijing signed a trade agreement that will make it easier for American firms to obtain magnets and rare earth minerals from China that are critical to manufacturing and microchip production, U.S. Treasury Secretary Scott Bessent said…
Deal will speed China's export of minerals to the US, Bessent says
Washington and Beijing have signed a trade agreement that will make it easier for American firms to obtain magnets and rare earth minerals from China that are critical to manufacturing and microchip production. That's according to U.S. Treasury Secretary Scott…
The US is looking towards Greenland and Ukraine – and the EU is looking for alternatives to China. Outside Gränna, Göran and Ingela Karlsson are worried that the hunt for rare earth metals could soon turn their lives upside down.
Jenny Johnson, one of Wall Street’s most powerful women: ‘It’s a huge risk to the US if China controls the key minerals’
Jenny Johnson was at the movies with her kids when her telephone rang. She left the screening room and amid the scent of freshly made popcorn, took the call. “What’s your final offer?” said Nelson Peltz on the other end of the line, according to the Financial Times. The activist investor owned 10% of fund manager Legg Mason and wanted to squeeze the maximum value from his shareholding. The CEO of Franklin Templeton answered with the figure that …

China signs trade deal with US on minerals
BANGKOK — Washington and Beijing signed a trade agreement that will make it easier for American firms to obtain magnets and rare earth minerals from China that are critical to manufacturing and microchip production, U.S. Treasury Secretary Scott Bessent said…
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