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China Tightens the Screws on Key Metals After Rare Earth Truce With Trump

Summary by Oil Price
According to Trump, his big achievement a week ago when he announced the trade truce with China, was getting Beijing to agree to remove export limitations on rare earth minerals, which, as most now know, are so critical for US companies to make everything from cell phones, to cars, and military equipment. And yet, as discussed on a few occasions this week, it feels like the cracks in this latest trade deal are already starting to show, whether i…
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LONDON.- Last week, markets enthusiastically celebrated the trade agreement between the United States and China, following Xi's threats to restrict rare earth exports and Trump's to raise tariffs to 100%. Trump said that, on a scale from 1 to 10, the meeting was a 12. The euphoria contrasted not only with the risk of failure—which would have dragged the world into recession—but also with the pessimism of just a month ago, when Trump renamed Pete…

·Buenos Aires, Argentina
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Madrid. The Ministry of Commerce and the General Customs Administration of China suspended for a year the restrictions on the export of rare earths, linked technologies, heavy minerals and lithium batteries, announced at the beginning of October. These measures had generated tensions with U.S. President Donald Trump, who threatened Beijing with “massive landings,” although both governments finally managed to bring positions closer together at la…

Almost a year after the entry into force of restrictions on several rare metals, China chose to relax its export conditions to the United States on Sunday, November 9, following the recent meeting between Xi Jinping and Donald Trump

Following the Trump-Xi meeting, the US and China reached a truce agreement on tariffs and rare earth controls. However, Legislator Niu Hsu-ting stated on the 7th that there is a difference in understanding between the US and China regarding the rare earth control ceasefire, and whether an agreement can be signed remains uncertain. The government should prepare for the worst-case scenario, as Taiwan's "five trusted industries" will face impact, e…

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Oil Price broke the news in London, United Kingdom on Thursday, November 6, 2025.
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