Snapshot 3:Fri, Jun 27, 2025 6:52:57 AM GMT last edited by Vandita

US-China Sign Rare Earth Trade Deal

US-China Sign Rare Earth Trade Deal Amid July Tariff Deadline

Published JUN 27 2025

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Above: Howard Lutnick at the White House on June 11, 2025, in Washington, DC. Image credit: Win McNamee/Getty Images

The Spin

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Bloomberg.com The China The American Presidency Project

China's measured approach to rare earth exports reflects responsible governance, ensuring these dual-use materials don't end up in military applications. The licensing process requires proper vetting of end-users and export volumes, which takes time but prevents security risks. China has consistently acted in a non-discriminatory manner while considering the legitimate civilian needs and concerns of other countries.

Global Times Fortune

Metaculus Prediction

There's a 10% chance that the U.S. and China will reach a formal agreement to limit frontier AI training or deployment before 2029, according to the Metaculus prediction community.