đ New Trade Framework Unveiled Trade deal signed late June 2025: On June 26â27, the U.S. and China formalized a framework agreed earlier in London and Geneva. This pact is designed to accelerate Chinese shipments of rareâearth elements and magnets to the United Statesâgoods vital for sectors like electric vehicles, defense systems, and tech manufacturing....Read More
đď¸ The Truce: What Was Agreed London âframeworkâ deal: In early June, the U.S. and China reached a trade truce in London, briefly reviving a smaller truce struck in Geneva on May 11. Both sides agreed to ease some tariff and export restrictions. Civilian rare earth materials: China committed to fastâtracking export licenses for nonâmilitary-use...Read More
A Groundbreaking Trade âTruceâ Between the U.S. and China in Regards to Rare Earth Magnets In a pivotal shift in global trade dynamics, Presidents Trump and Xi have agreed â pending their final approval â on a narrow but strategically vital trade framework focused on rare earth magnets and minerals. Negotiated during intense talks in...Read More
In a significant move reflecting its dominance in the rare earth sector, China has imposed stringent export controls on certain rare earth elements and associated technologies. Effective from April 4, 2025, this decision has far-reaching implications for global industries reliant on these critical materials. Understanding the New Restrictions The Chinese Ministry of Commerce announced that...Read More
Magnets are a core component of modern technology. From electric vehicles and wind turbines to smartphones, medical devices, and defense systemsânone of it works without permanent magnets, especially those made from rare earth materials like neodymium. So, why canât we make them in the U.S.? Hereâs a quick look at whatâs holding us back: 1....Read More