17-November-2025
Corporate News
 
US-China trade boost: US hopes to finalise China rare earths deal by Thanksgiving; Beijing to suspend export curbs
17-Nov-2025

The United States is hoping to finalise its rare earths agreement with China by Thanksgiving, US Treasury Secretary Scott Bessent said on Sunday, signalling momentum in the negotiations launched after Presidents Donald Trump and Xi Jinping met in South Korea last month, AFP reported. The tentative deal reached in late October includes a one-year suspension of Chinese export restrictions on critical minerals a sector where Beijing holds overwhelming dominance in mining and processing, vital for industries ranging from autos and electronics to defence.

News Source:- https://timesofindia.indiatimes.com/business/international-business/us-china-trade-boost-us-hopes-to-finalise-china-rare-earths-deal-by-thanksgiving-beijing-to-suspend-export-curbs/articleshow/125368312.cms