China Says Rare Earth Licenses for Europe Will Continue
Beijing says it will keep approving rare earth exports to Europe regardless of whether its trade truce with Washington is extended beyond January.
Key takeaways
- China says it will continue approving rare earth export licenses for Europe.
- The U.S.-China trade truce was extended by two months, to January, according to Scott Bessent.
China intends to keep approving rare earth export licenses for Europe, regardless of whether its trade truce with the United States is extended beyond January, Commerce Ministry spokesperson He Yadong told CNBC.
The U.S. and China agreed to suspend restrictions on rare earth exports for one year in late October 2025. U.S. Treasury Secretary Scott Bessent said before the leaders’ latest summit that the truce had been extended by two months, to January.
China said last week it was willing to use a “green channel” to keep rare earths flowing to Europe. European Commission leaders are expected to review trade negotiations with China at meetings in Brussels on Thursday and Friday.
This article was produced with the help of AI technology. Based on reporting by the outlets listed above.
