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U.S. and China Forge Trade Agreement on Rare Minerals

6/11/2025

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Summary

Story summary

China and the U.S. wrapped up two days of intense trade discussions in London, forging a tentative agreement aimed at easing trade tensions. U.S. Commerce Secretary Howard Lutnick emphasized that the plan will tackle restrictions on vital rare earth minerals. Now, both countries await the green light from Presidents Trump and Xi to move forward.

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Story summary

China and the U.S. wrapped up two days of intense trade discussions in London, forging a tentative agreement aimed at easing trade tensions. U.S. Commerce Secretary Howard Lutnick emphasized that the plan will tackle restrictions on vital rare earth minerals. Now, both countries await the green light from Presidents Trump and Xi to move forward.