China Accuses U.S. of Creating “Panic” Over Rare Earth Controls, Signals Openness to Trade Talks
China has accused the United States of deliberately creating “panic” over Beijing’s rare earth mineral controls while indicating willingness for trade talks. The dispute threatens to reignite trade tensions between the world’s largest economies ahead of a potential Trump-Xi meeting.
Trade Tensions Escalate Over Rare Earth Minerals
China has accused the United States of deliberately creating “unnecessary misunderstanding and panic” over Beijing’s controls on rare earth minerals, according to reports from Chinese state media. The accusation comes amid escalating trade tensions between the world’s two largest economies, with China indicating it remains open to negotiations to resolve the dispute.