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Trade conflict: Too few rare earths: USA accuse China of violating trade deal

The trade dispute between the US and China threatens to flare up again. Shortly before a planned meeting between Trump and Xi, both sides are accusing each other of violating their agreements.

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Trade conflict: Too few rare earths: USA accuse China of violating trade deal

US President Donald Trump and Chinese leader Xi Jinping met in Washington in late September, but the meeting yielded few tangible results. US officials, including Finance Minister Scott Bessent and Trade Representative Jamieson Greer, recently spoke with Chinese Vice Premier He Lifeng, accusing China of not supplying enough rare earths to US companies and not buying enough US agricultural products.

China criticized recent US sanctions against Chinese companies, and both sides urged each other to fulfill commitments under the trade agreement. The trade conflict between China and the US threatens to escalate again ahead of a planned meeting between Trump and Xi at the APEC summit in Shenzhen on November 18-19.

Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.

Read the original at handelsblatt.com →

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