New Delhi: The US and China have arrived at a ‘consensus’ on a number of issues including flow of rare earth elements, critical minerals and Beijing’s purchase of American agricultural products, potentially averting the worsening of the ongoing trade war between the two countries. The agreement was struck at a meeting between US President Donald J. Trump and Chinese President Xi Jinping in the South Korean city of Busan Thursday.

“I was extremely honoured by the fact that President Xi authorised China to begin the purchase of massive amounts of soybeans, sorghum, and other farm products … additionally, China has agreed to continue the flow of Rare Earth, Critical Minerals, Magnets, etc., openly and freely,” Trump said in a statement on Truth Social.

He added that China will defer its

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