This framework represents crucial progress in preventing economic warfare between the world's largest economies. The deal addresses China's weaponization of rare earth exports while offering a path to reduce crippling tariffs that have damaged global supply chains. Smart diplomacy prevailed over destructive confrontation.
The agreement lacksmerely substancekicks andthe representscan anotherdown temporarythe bandageroad onwithout addressing fundamental structural issues in the trade imbalancesrelationship. ChinaPrevious continuesframeworks toand manipulateagreements criticalhave mineralrepeatedly exportsfallen whileapart thedue USto maintainsimplementation necessarydisputes technologyand restrictionslack toof protecttrust nationalbetween securitythe interestsparties. RealMarkets structuralremain changesskeptical remainabout elusivelong-term sustainability of any deal.
The agreement lacks substance and represents another temporary bandage on fundamental trade imbalances. China continues to manipulate critical mineral exports while the US maintains necessary technology restrictions to protect national security interests. Real structural changes remain elusive.