The US and China Have Failed to Agree on an Extension of the Trade Truce. This Is Mainly About Rare Earths, Writes the Financial Times
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The US wants to achieve larger and more stable supplies of rare earth metals from China
LONDON - The United States and China have failed to reach an agreement to extend a trade truce, with rare earth supplies remaining one of the outstanding issues, the Financial Times (FT) reported on Monday, citing talks between US Treasury Secretary Scott Bessent and Chinese Vice Premier Che Lifeng in New York on Sunday (September 20). This is based on a report by the TASS agency.
Both economic powers say they want to maintain stable trade relations, but they continue to resolve disputes over strategic raw materials and China's commitments.
The United States and China have failed to reach an agreement to extend a trade truce, with rare earth supplies remaining one of the open issues, the Financial Times reported on Monday, citing talks between US Treasury Secretary Scott Bessent and Chinese Vice Premier Che Li-feng...
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