Sightful Invest
  • Business
  • Investing
  • Politics
  • Stock
Top Posts
US sanctions money laundering network aiding Iran as...
Musk feud presents ‘unprecedented’ dynamic compared to past...
TSA tells Americans their Costco cards won’t fly...
Trump announces China will restart rare earth mineral...
FLASHBACK: Musk accused Trump, GOP leaders of not...
‘Right down the line’: Medicaid reform in ‘big,...
TIMELINE: Inside the evolving relationship between Trump and...
Deadly drone wars are already here and the...
Call with China’s Xi, and Trump-Musk exchange fueled...
Trump’s conservative allies warn Congress faces critical ‘test’...
  • Business
  • Investing
  • Politics
  • Stock

Sightful Invest

Politics

Trump announces China will restart rare earth mineral shipments to US after productive call

by admin June 7, 2025
June 7, 2025
Trump announces China will restart rare earth mineral shipments to US after productive call
NEWYou can now listen to Fox News articles!

President Donald Trump told reporters on Air Force One Friday that Chinese President Xi Jinping had agreed to start sending rare earth minerals to the U.S. after halting the shipments in April.

Trump held a gaggle on the presidential jet Friday evening, and one reporter asked him just before landing if Xi had agreed to restart the flow of rare earth minerals and magnets to the U.S.

‘Yes, he did,’ Trump replied. ‘We’re very far advanced on the China deal.’

The news comes about a month and a half after China effectively halted exports of seven precious minerals, vital for assembling cars, robotics and defense systems, to the U.S. in a direct strike on America’s manufacturing and defense supply chain.

Overseas deliveries of magnets stopped April 4, when new licensing rules took effect, according to The New York Times. Companies are only allowed to export rare earth materials if they obtain special export licenses, which take 45 days to receive.

The halt also threatened to undercut Trump’s tariff strategy because China produces about 60% of the world’s critical mineral supply and processes even more, up to 90%.

China’s mineral halt to the U.S. Defense Department came after Beijing had already imposed sanctions on multiple U.S. military contractors late last year, according to Reuters. Chinese entities were prohibited from engaging or cooperating with them in response to an arms sale to Taiwan, the outlet reported.

Trump and Xi had a lengthy call Thursday amid economic and national security friction regarding trade between the U.S. and China.

‘I just concluded a very good phone call with President Xi, of China, discussing some of the intricacies of our recently made, and agreed to, Trade Deal,’ Trump said Thursday in a Truth Social post. ‘The call lasted approximately one and a half hours and resulted in a very positive conclusion for both Countries.’

Trump said the conversation focused mostly on trade.

The call came nearly a week after Trump condemned China for violating an initial trade agreement that the U.S. and China hashed out in May and a day after Trump said Xi was ‘extremely hard to make a deal with’ in a Truth Social post. 

Fox News’ Diana Stancy, Bonny Chu, Danielle Wallace, Morgan Phillips and Reuters contributed to this report.

This post appeared first on FOX NEWS

previous post
FLASHBACK: Musk accused Trump, GOP leaders of not wanting to cut spending — here’s where they said they would
next post
Musk feud presents ‘unprecedented’ dynamic compared to past Trump disputes: expert

You may also like

Greene calls for yanking FDA approval of COVID-19...

March 21, 2025

Kash Patel’s nomination to lead FBI faces first...

February 13, 2025

Biden’s pandemic playbook failed. Trump just offered a...

May 15, 2025

If Republicans were telling the truth about supporting...

January 22, 2025

Trump has higher approval rating than at any...

February 11, 2025

GOP leaders vow ‘action’ as Columbia University swarmed...

September 4, 2024

NASA spent $13M on DEI under Biden while...

March 12, 2025

Hezbollah launches 30 rockets into Israel, no casualties...

August 12, 2024

Trump’s historic Abraham Accords would be bolstered with...

September 16, 2024

FBI calls for public tips on children hurt...

June 3, 2025

Recent Posts

  • US sanctions money laundering network aiding Iran as regime faces nuclear reprimand at IAEA
  • Musk feud presents ‘unprecedented’ dynamic compared to past Trump disputes: expert
  • TSA tells Americans their Costco cards won’t fly at airport security despite love for hot dogs
  • Trump announces China will restart rare earth mineral shipments to US after productive call
  • FLASHBACK: Musk accused Trump, GOP leaders of not wanting to cut spending — here’s where they said they would

    Become a VIP member by signing up for our newsletter. Enjoy exclusive content, early access to sales, and special offers just for you! As a VIP, you'll receive personalized updates, loyalty rewards, and invitations to private events. Elevate your experience and join our exclusive community today!


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Categories

    • Business (765)
    • Investing (2,275)
    • Politics (2,806)
    • Stock (4)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: sightfulinvest.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2024 Sightful Invest. All Rights Reserved.