Jul 29, 05:27 PM

U.S. Trade Representative Greer Says China’s Biggest Concession on Rare Earth Magnets, Talks Halfway There with Trade Truce Deadline Pending

U.S. Trade Representative Greer has emphasized ongoing efforts to ensure a steady supply of rare earth magnets from China, describing China's concession on rare earth magnets as the most substantial in recent trade discussions. Greer expressed frustration with China's previous restrictions on magnet flows, stating a desire to move beyond discussions and have magnets flow uninterrupted as expected. Talks have included the movement of magnets through third countries as part of the negotiation strategy. As of early August 2025, Greer indicated that the U.S. and China are "halfway there" in reaching an agreement on the flow of rare earth minerals, though the deadline for a trade truce with China remains under discussion. Greer remains confident about the eventual resolution and steady supply of these critical materials for U.S. businesses.

#Greer #China

Written with ChatGPT (GPT-4).

U.S. Trade Representative Greer Says China’s Biggest Concession on Rare Earth Magnets, Talks Halfway There with Trade Truce Deadline Pending

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