US President Donald Trump & Chinese President Xi Jinping have concluded their talks in South Korea with a deal to maintain the flow of China’s rare earth exports to the US. As the world’s two biggest economies try to dominate global trade, we explain why access to these essential elements is so crucial for Washington

Key takeaways from the rare earths deal

Donald Trump and Xi Jinping struck a deal to keep the flow of rare earth minerals to the US unhindered, at a nearly two-hour summit in Busan, South Korea, on Thursday. Trump has said China has agreed on a one-year deal to supply rare earths. “We focused on export controls of China on rare earth, and they’re going to keep those flowing, which is quite important,” Trump said, speaking to reporters on Air Force One. “There is no road

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