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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.
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.
High-level trade talks between US and Chinese officials are scheduled amid escalating tensions over rare earths export controls. The outcome could determine whether a planned Trump-Xi summit proceeds as both sides exchange accusations and tariff threats.
US Treasury Secretary Scott Bessent is scheduled to meet with Chinese Vice-Premier He Lifeng in Malaysia next week, according to reports, in what analysts suggest could be a decisive moment for US-China trade relations. The high-stakes gathering comes amid significant escalation in tensions following China’s announcement of sweeping export controls on rare earths and critical minerals that reportedly threaten global supply chains.
