US to Ease Chip Controls for Chinese Rare Earths
The Trump administration, aiming to alleviate Chinese export restrictions on rare earths, dispatched negotiators to London for talks with Chinese officials. The administration sought a commitment from China to lift these restrictions in exchange for easing some, but not all, U.S. export controls, primarily focusing on semiconductors. This deal hinges on a “handshake agreement” securing the release of rare earths, crucial for various U.S. industries. While optimism for a swift resolution was expressed, details remained scarce following the extended London meetings.
John Q. Hosedrinker