Trump said China has agreed to keep rare earth exports flowing to the world as part of a one-year agreement, and said he expected it to be extended.
"All of the rare earth has been settled," Trump told reporters on Air Force One. "And that's for the world, worldwide, you could say this was a worldwide situation, not just a U.S. situation."
Rare earths, 17 elements which play tiny but vital roles in cars, planes and weapons, have emerged from obscurity to become China's most potent source of leverage in its trade war with the United States.
Export controls introduced in April caused widespread shortages overseas, especially for magnets, forcing some automakers to pause production before exports rebounded following deals between Beijing and Washington and the European Union to free up the flow.
China expanded those controls again in October, taking the total number of elements restricted to 12 and adding much of the equipment used to process them.
কোন মন্তব্য নেই:
একটি মন্তব্য পোস্ট করুন