Trump Declares Rare Earth Deal With China a ‘GREAT’ Win

China confirmed a trade framework with the US lifting curbs on rare earth exports while Washington ends punitive measures targeting Chinese firms.

President Donald Trump has confirmed a rare earth trade deal with China, easing tensions and unlocking critical mineral supplies long frozen by tariff battles.

After discussions in Geneva and London, the agreement binds China to renew rare earth exports and the US to end certain export curbs. Rare earths remain central, making the deal a fragile but notable turning point in the US-China trade standoff.

Minerals, market access, and mutual rollback

China’s Commerce Ministry has confirmed that both countries have finalized implementation terms for a trade framework covering sensitive industrial goods. According to Bloomberg, the deal requires China to process export applications for restricted materials under its domestic laws, while the US has agreed to lift a series of punitive trade actions targeting Chinese firms.

These confirmations ...