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US seeks deal in London on China rare earth flows, Hassett says

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"Those exports of critical minerals have been getting released at a rate that is, you know, higher than it was but not as high as we believe we agreed to in Geneva."
In a significant development in U.S.-China trade relations, high-level talks were held in London on June 8, 2025, focusing on the critical issue of rare earth flows. The discussions, led by Kevin Hassett, a former chair of the U.S. Council of Economic Advisers, aimed to address the ongoing tensions and secure a more stable supply chain for rare earth minerals, which are essential for various high-tech and green energy industries. The talks come at a time when the U.S. is seeking to reduce its dependency on China, the dominant player in the global rare earth market, and explore alternative sources and partnerships. The outcome of these negotiations could have far-reaching implications for global trade dynamics and the technological and environmental sectors.

Read the Full Fortune Article at:
[ https://fortune.com/2025/06/08/us-china-trade-talks-london-rare-earth-flows-hassett/ ]