Trump-Xi Summit Looms: Rare Earth Dispute Takes Center Stage

Tensions ease as Trump and Xi to meet over trade disputes. The upcoming meeting between former US President Donald Trump and Chinese President Xi Jinping has been confirmed by US Treasury Secretary Steven Mnuchin. The talks will primarily focus on trade issues, with a key point of contention being China's restrictions on exporting rare earth minerals. These restrictions have impacted industries in Europe and India, causing significant disruption. Mnuchin's confirmation suggests a potential de-escalation in trade tensions between the two countries. The meeting is expected to pave the way for a resolution to the ongoing dispute over rare earth minerals, a critical component in various technologies. The outcome of these talks will have significant implications for global trade and technological advancements.