China Delays New Rare Earth Export Controls, But Existing Limits Stay in Place

China has postponed new rare earth export controls following negotiations between Donald Trump and Xi Jinping, but existing restrictions remain, impacting global trade dynamics.

• In a deal facilitated by negotiations between Donald Trump and Xi Jinping, China has chosen to delay new rare earth export controls that were set to disrupt global markets.
• The delay comes amidst existing limitations on rare-earth element exports, which have already created significant challenges for industries reliant on these critical minerals.
• Beijing continues to leverage its position in the rare earth market, as these elements are crucial for manufacturing in sectors such as automotive and defense.