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Story summary
- The US–China trade truce faces its first test as US Treasury Secretary Scott Bessent aims to finalize a rare earth deal by Thanksgiving.
- Experts doubt a breakthrough because both sides present conflicting narratives.
- Following a recent summit, the US claims imminent licenses and soybean purchases, while China offers vague statements.
- Analysts note the absence of a joint document and the US delegation's limited engagement, complicating an agreement.
