China Suspends Rare Earth Restrictions and Investigations into US Chip Companies

Reported about 21 hours ago

China has decided to suspend additional export controls on rare earth metals and investigations into US companies within the semiconductor supply chain, according to a White House announcement. This decision is part of a trade agreement reached between President Trump and Chinese leader Xi Jinping aimed at reducing tensions between the two nations. The deal includes general licenses for rare earth exports, a pause on certain tariffs, and resumption of US agricultural product purchases by China, although it may only serve as a temporary resolution to ongoing trade disputes.

Source: YAHOO

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