China To Suspend Some Rare Earth Curbs, Probes On US Chip Firms

Washington will also pause some of Trump’s so-called reciprocal tariffs on China. (Image Source: Bloomberg) Show Quick Read Summary is AI Generated. Newsroom Reviewed

China will effectively suspend implementation of additional export controls on rare earth metals and terminate investigations targeting US companies in the semiconductor supply chain, the White House announced.

The White House issued a fact sheet on Saturday outlining some details of the trade pact agreed to earlier this week by President Donald Trump and Chinese leader Xi Jinping that aimed to ease tensions between the world’s largest economies.

Under the deal, China will issue general licenses valid for exports of rare earths, gallium, germanium, antimony and graphite “for the benefit of U.S. end users and their sup