Shares of several US-listed rare earth miners fell on Monday after US officials said China would delay the introduction of export controls on the critical mineral as part of a broader trade deal.
US Treasury Secretary Scott Besant told NBC News’ At “Meet the Press” on Sunday, Washington and Beijing were expected to reach a deal to avoid new 100% US tariffs on Chinese goods, with Beijing holding off on imposing strict rare earth export controls.
His comments came ahead of a high-level meeting between Chinese leader Xi Jinping and US President Donald Trump on Thursday.
This is breaking news. Please refresh for updates.
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional
Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes.The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
Post Comment