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U.S. and China Agree to “Framework” for Trade Deal

HeadlineJun 27, 2025

The White House says it has reached an agreement with China to speed imports of rare earth elements, as the Trump administration seeks to unwind its trade war with Beijing. Earlier today, China’s Commerce Ministry confirmed it had agreed to the framework of a new deal that will see the U.S. drop restrictive measures in exchange for access to minerals used in cars, semiconductors and smartphones.

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