President Trump announced that President Xi Jinping has agreed to resume the flow of rare earth minerals and magnets to the United States, potentially easing trade tensions. This follows a recent call between the leaders and temporary export licenses granted to U.

In early May, after two intense days of negotiations in Switzerland, Washington and Beijing agreed to drastically suspend most tariffs imposed since April 2 for 90 days. After the start of a trade war 2.

US-China trade talks in London after a positive call with Xi Jinping, aiming to resolve ongoing disputes over tariffs and rare earth materials.