Tariffs/Trade
US Treasury Bessent says him and USTR Greer spokes with China's VP He Lifeng, emphasized that we expect Beijing to fully meet its commitments on rare earths and US agricultural products
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US officials pressured China to fulfill rare earth and agricultural commitments amid a critical 48,000-ton supply gap, while aggressively funding domestic alternatives like MP Materials and USA Rare Earth.
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We also discussed implementation of the Trade and Investment Boards as a mechanism to secure concrete progress toward a more balanced, fair, and constructive U.S.-China economic relationship.
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