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CN-US Trade Deal in London Doesn't Touch Export of Military-Use Rare Earth Magnets to US: Report
The trade truce agreement forged between the US and China in London hasn't addressed key export restrictions related to national security, Reuters reported, citing sources.Chin...
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The trade truce agreement forged between the US and China in London hasn't addressed key export restrictions related to national security, Reuters reported, citing sources.

China is said to have made no promises to grant export licenses for special rare earth magnets needed by US military suppliers to use in fighter jets and missile systems.

Related NewsVehicle Sales YoY for May in China is 11.2%, higher than the previous value of 9.8%.
Meanwhile, the US has also imposed restrictions on the export of advanced AI chips to China due to concerns over their military applications.

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