U.S., China: Beijing Links Rare Earths to U.S. Chip Curbs, Extension of 90-Day Tariff Reprieve Discussed

At the U.S.-China trade talks in London from June 9-10, the Chinese delegation made no commitments to easing curbs on exports of rare earths crucial to the production of U.S. fighter jets and missile systems, but appeared to link Chinese concessions on such rare earths to the reduction of U.S. export restrictions on advanced semiconductors to China, according to Reuters sources on June 15. ...