rare earth

U.S. and China Strike Deal in London to Revive Rare Earths Trade Truce

LONDON — The United States and China have agreed to a new trade framework aimed at restoring a stalled truce and stabilizing key economic ties. The agreement, reached during two days of talks at Lancaster House in London, includes provisions on critical mineral exports, tariff levels, and Chinese student access to U.S. universities.

US Treasury Secretary Scott Bessent (R) and US Trade Representative Jamieson Greer hold a

China Gloats F-35 Waiver Exposes U.S. ‘Dependence on Chinese Rare-Earth Products’

China’s state-run Global Times on Sunday gloated that a waiver from the U.S. government to take delivery on F-35 fighter jets exposed America’s “dependence on Chinese rare-earth products” and demonstrated that China can bring the U.S. military to heel whenever it wishes by choosing to “limit the export of such strategic resources to safeguard its national security.”

A United States Air Force F-35B Lightning II fighter jet performs an aerial display during the Sing