President Donald Trump will be in the Air Force on his way to New Jersey on June 6, 2025, speaking to reporters.
Nathan Howard | Reuters
US President Donald Trump On Friday, Chinese President Xi Jinping said he agreed to the flow of rare earth minerals and magnets into the United States.
Asked by a reporter on board Air Force 1 if Xi agreed to do so, Trump replied, “Yes, he did.”
The Chinese Embassy in Washington did not immediately respond to requests for comment.
Trump’s comments came one day after the next day Rare calls using xi It aims to resolve the trade tensions that have been brewing this topic for weeks.
At the time, Trump had “a very positive conclusion” in the talks, adding that “there should be no more questions that respect the complexity of rare earth products.”
Another indication that would ease tensions over the issue was that China has granted a temporary export license. Top 3 car manufacturers in the USsaid two sources familiar with the issue.
The top aide to the US president is scheduled to meet his Chinese counterpart in London on Monday Further consultation.
“We’re making a lot of progress in China’s dealings,” Trump told reporters Friday.
The country signed an agreement in Geneva, Switzerland on May 12, rolling back most of the tariffs, most of the triple girders, for 90 days, and has been on each other since Trump took office in January. The financial markets, worried about trade disruptions, rallied in the news.
However, in China April decision Suspending the wide range of critical minerals and magnet exports needed by automakers, computer chip manufacturers and military contractors around the world continues to destroy supply.
Trump was criticizing China It violated the Geneva Agreement and ordered curbs on chip design software and other cargoes to China. Beijing rejected the claim and threatened to rebuttal.
Rare earth and other important minerals are sources of Chinese leverage as Trump could be exposed to domestic political pressure if economic growth lies in the absence of companies to produce mineral-driven products.
Since returning to the White House in January, Trump has repeatedly threatened a series of punitive measures against his trading partners, but at the last moment he revoked some of them. The addressed off-agen approach has baffled world leaders and surprised business executives.
