US and China Aim for Progress on Rare Earths and Tariffs Ahead of Key Meeting

Ahead of their meeting on Thursday in South Korea, United States and China are set to address key issues like tariffs and rare-earth elements to ease economic tensions.

• United States and China aim to make substantial progress on strategic minerals and export controls before the upcoming meeting between Donald Trump and Xi Jinping in Busan, South Korea.
• The discussions focus on Chinas dominance in rare-earth elements and potential adjustments to tariff policies that could influence global markets and economic stability.
• Both nations are seeking to calm financial markets in Washington, D.C. and Beijing by addressing these contentious issues, which could have far-reaching economic implications.