Washington and Beijing have signed a trade agreement that will make it easier for American firms to obtain magnets and rare earth minerals from China that are critical to manufacturing and microchip production.

China’s reaction comes as Trump says he would like to 'just send letters out to everybody: ‘Congratulations, you’re paying 25 percent’' - Anadolu Ajansı

The United States and China have resolved issues surrounding shipments of rare earth minerals and magnets to the U.S., Treasury Secretary Scott Bessent said on Friday, ironing out a dispute that stalled a deal reached in May.