China rare earths deal will ‘hopefully’ be done by Thanksgiving, Bessent saysUnited States & Canada – South China Morning Post

Source: United States & Canada – South China Morning PostA rare earths deal between the US and China will “hopefully” be done by Thanksgiving, Treasury Secretary Scott Bessent said in remarks that were broadcast on Sunday.
Bessent’s comments follow a framework agreement announced last month in which Washington agreed not to impose 100 per cent tariffs on Chinese imports and China would hold off on an export licensing regime for crucial rare earths minerals and magnets.
“I am confident that post our meeting in Korea between the two leaders, President…Read More

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