US-China Trade Officials to Hold Critical Talks Amid Rare Earth Export Dispute
High-stakes trade negotiations between US and Chinese officials are set for next week as export controls on rare earth minerals escalate tensions. The outcome could determine whether President Trump and Xi Jinping proceed with their planned summit in South Korea amid threatened tariff increases.
Escalating Trade Tensions Prompt High-Level Meeting
US Treasury Secretary Scott Bessent is scheduled to meet with Chinese Vice-Premier He Lifeng next week in Malaysia, according to reports, in what analysts suggest could be a decisive moment for US-China trade relations. The meeting follows a significant escalation in tensions after China announced sweeping export controls on rare earths and critical minerals that sources indicate will severely impact global supply chains.
