China’s BIG move in trade deal with US, Beijing imposes ban on export of…

China-US trade battle: In a primary switch in the China-US trade battle, Beijing has reportedly refused to rob the ban on the export of seven uncommon earth metals to the US, even when the 2 nations had reached some form of agreement on a trade deal all the contrivance thru most up-to-the-minute talks held in Switzerland.

In accordance with a document CNBC Aawaz, China has temporarily lifted export controls on 28 US companies, while 17 other companies had been eliminated from Beijing’s “Unreliable Entity List”. The agreement is legit for 90 days.

China’s export ban on uncommon earth metals intact

Nonetheless, China has refused to rob the export ban on seven uncommon earth metals– Samarium, Gadolinium, Terbium, Dysprosium, Lutetium Scandium, and Yttrium– posing a primary likelihood to the provision chain of American companies in the defense and vitality and car sectors. These uncommon earth metals are critical raw affords old in the manufacture of American weapons, batteries, jet engines, missile steering systems, renewable vitality and electrical vehicles.

In accordance with an authentic statement issued by the Chinese language Commerce Ministry, all departments bear unanimously agreed that bigger retain watch over over the export of strategic minerals is required in the curiosity of nationwide safety. Nonetheless, the ministry has no longer supplied any new knowledge on the ban on exports of uncommon-earth minerals.

Particularly, more than 80% of uncommon earth metals old in the US reach from China, which imposed export restrictions on the rival nation closing month in step with US President triggering a tariff battle by imposing exorbitant tariffs on Chinese language imports.

China-US trade battle

Final month, US President Donald Trump launched reciprocal tariffs on goods coming into The US from other nations, including India and China, if truth be told triggering a tariff battle that changed the face of world trade. Trump’s tariffs, which came into damage from April 2, 2025, sparked a China-US tariff battle, as every side imposed heavy tariffs on imports coming from every other’s worldwide locations.

Honest as of late, US and China held excessive-stage trade talks in Switzerland, where an agreement change into reached to ease import tariffs. Nonetheless, most up-to-the-minute reports imply China has chosen to raise on to the export ban on uncommon earth metals, which may per chance pose a primary advise for supply chains in the US.