US President Donald Trump said the rare earth dispute with China has been "settled" after meeting President Xi Jinping in South Korea, marking a major step in easing trade tensions between Washington and Beijing.
US and China officials met in Kuala Lumpur to prevent trade war escalation ahead of Trump-Xi talks. Discussions focus on tariffs, technology controls, and US soybean purchases. Recent US export blacklists and China's rare earth controls have strained a truce, with outcomes uncertain for b
During a regular news briefing last week, China's Foreign Ministry spokesperson Lin Jian accused the US of seeking a "unilateral military advantage," and underscored Beijing's strong opposition to the deployment.
According to The Hong Kong Post, if China does not work toward repairing the relations, the episode may even endanger the meeting between President Joe Biden and President Xi Jinping that is being planned in Indonesia this November.