{"id":322622,"date":"2025-10-22T01:45:20","date_gmt":"2025-10-22T01:45:20","guid":{"rendered":"https:\/\/www.europesays.com\/us\/322622\/"},"modified":"2025-10-22T01:45:20","modified_gmt":"2025-10-22T01:45:20","slug":"trump-signs-rare-earth-deal-with-australia-wavers-on-meeting-with-chinas-xi","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/322622\/","title":{"rendered":"Trump signs rare earth deal with Australia, wavers on meeting with China’s Xi"},"content":{"rendered":"\n

President Trump floated<\/a> a list of demands for China, citing<\/a> rare earths, fentanyl, and soybeans as his top issues to address with Beijing at the negotiating table and before the fragile tariff and trade truce between the world’s largest economies expires.<\/p>\n

\u201cI don\u2019t want them to play the rare earth game with us,\u201d Trump said<\/a> on Air Force One on Sunday.<\/p>\n

In a move that analysts said was aimed squarely at China, Trump and Australian Prime Minister Anthony Albanese on Monday signed a deal that the White House said would help supply the US with the critical minerals<\/a>.<\/p>\n

Last week, Trump said threatened high tariffs on Chinese goods were “not sustainable,” easing fears of further trade escalation between the countries and helping boost stocks. Treasury Secretary Scott Bessent has said the countries will hold talks later this week, and Trump and Chinese President Xi Jinping are scheduled to meet later this month, even as Trump has mused about whether such a meeting will actually happen<\/a>.<\/p>\n

The US and China have seen their fragile trade relationship wobble further in recent weeks, with Trump confirming last week that the countries are in a trade war.<\/p>\n

China accused the US last week of causing “panic”<\/a> over Beijing’s export controls on rare earth materials, according to a report<\/a> in China’s state newspaper, the Global Times.<\/p>\n

Trump said the US would impose an additional 100% tariff on Chinese goods starting on Nov. 1 over Beijing’s plan to impose new export controls on rare earth minerals.<\/p>\n

Read more: What Trump’s tariffs mean for the economy and your wallet<\/a><\/p>\n