AssetID: 54839780
Headline: UNCAPTIONED: US–China Reach Rare Earth Trade Deal After High-Level Talks
Caption: US–China Reach Rare Earth Trade Deal After High-Level Talks. The United States and China have reached a tentative agreement aimed at easing trade tensions, with a key focus on rare earth materials. President Trump announced the deal after two days of negotiations in London, saying China will resume rare earth and magnet exports to the US—crucial components for everything from smartphones to electric vehicles. In return, Washington will walk back threats to cancel visas for Chinese students. Trump described the agreement as "done," pending final approval from both himself and President Xi Jinping. The deal follows a fragile truce in May that paused escalating tariffs. Officials say it's based on a framework from the recent Geneva meetings, but most of the previous tariffs remain in place. The White House says Trump is still reviewing the details, with a broader announcement expected before a July 9 deadline. For now, this agreement signals cautious progress in a complex and closely watched economic rivalry. Instructions: THIS VIDEO MUST NOT BE EDITED FOR LENGTH TO COMBINE WITH OTHER CONTENT
Keywords: Current affairs & Politics,US,China,rare earth,trade deal,high-level talks,President Trump,London negotiations,exports,magnets,smartphones,electric vehicles,Chinese students,visa policy,Xi Jinping,tariffs,Geneva meetings,tentative agreement,July 9 deadline,economic rivalry,cautious progress.
PersonInImage: