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Story summary
- U.S. President Donald Trump has adopted a less combative stance ahead of his meeting with Xi.
- China controls 70% of rare-earth mining, 85% of refining, and 90% of alloy output.
- The United States banned imports from 43 Chinese firms over alleged human-rights abuses and new robot and inverter imports.
- Treasury Secretary Scott Bessent threatened July sanctions on any Chinese AI firm copying U.S. models.