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Trump Says Xi Agreed to Restart Flow of Crucial Minerals, but Analysts Say China Won’t Give up Its ‘Rare Earth Card’

  • On June 6, 2025, U.S. President Donald Trump announced that Chinese President Xi Jinping had given the go-ahead to resume the export of rare earth minerals to the United States.
  • This announcement followed a rare call between Trump and Xi aimed at resolving ongoing trade tensions that had persisted for weeks.
  • China suspended exports of critical minerals and magnets in April, disrupting supplies vital to automakers, chip makers, and military contractors.
  • Trump stated that the talks reached a very positive outcome and indicated that any doubts about the intricacies of rare earth products should now be resolved.
  • Senior U.S. Officials are scheduled to hold additional discussions with their Chinese equivalents in London on June 9, while the restart of exports may help reduce economic and political uncertainties.
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Tärkeimmät talousuutiset | Kauppalehti… broke the news in on Thursday, June 5, 2025.
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