China has agreed to resume rare earth mineral exports to the US, resolving a major trade dispute. The agreement, following weeks of negotiations and reciprocal tariff escalations, involves China approving export applications and the US lifting countermeasures. This breakthrough seemingly formalizes an understanding reached in London earlier this month, subject to approval from Presidents Trump and Xi. While China claims to expedite approvals, concerns remain about sufficient supply and potential restrictions on military applications.

Prepared by Christopher Adams and reviewed by editorial team.