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US and China Hold First Meeting Of Newly Established Board Of Trade

However, exports of rare earth compounds to the United States and Japan declined 58 per cent in the ten months following the agreement, even as global exports increased 146 per cent.

,   and  TIPP Staff
2 min read
Trump, Putin and Xi plan historic joint meeting in China next week, White House says. Pic via(@BBCWorld)

United States and Chinese officials held the inaugural meeting of their newly established Board of Trade on Friday, following an agreement reached during a May summit between President Donald Trump and Chinese President Xi Jinping.

The meeting comes after the October 2025 trade truce, under which Chinese state-owned companies Sinograin and COFCO purchased 12 million metric tons of US soybeans.

However, exports of rare earth compounds to the United States and Japan declined 58 per cent in the ten months following the agreement, even as global exports increased 146 per cent.

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Technology companies continue to face licensing delays, while proposed US legislation could impose further restrictions on exports.

Trump and Xi are scheduled to meet in Shenzhen next week, with potential discussions expected to cover tariffs, agricultural purchases and critical minerals.

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tippinsightsTIPP Staff

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