The US aims to finalize a rare earths deal with China by Thanksgiving, suspending Beijing's export restrictions on critical minerals. This tentative agreement, following the Trump-Xi meeting, also involves the US rolling back some tariffs and China resuming significant soybean purchases. Washington is confident in Beijing's commitment but holds leverage if assurances are broken.
source https://timesofindia.indiatimes.com/business/international-business/us-china-trade-boost-us-hopes-to-finalise-china-rare-earths-deal-by-thanksgiving-beijing-to-suspend-export-curbs/articleshow/125368312.cms
source https://timesofindia.indiatimes.com/business/international-business/us-china-trade-boost-us-hopes-to-finalise-china-rare-earths-deal-by-thanksgiving-beijing-to-suspend-export-curbs/articleshow/125368312.cms