#USChinaTradeTalks

China has approved some rare earth export licenses, but details remain unclear. President Trump claimed China agreed to resume rare earth trade, though U.S. officials say exports are not meeting expectations. Economists warn Trump's trade policies are hurting global growth, with the OECD lowering its global growth forecast from 3.1% to 2.9% due to rising trade barriers. Meanwhile, China's latest data shows exports in May rose 4.8%, but imports dropped 3.4%, a sharper decline than expected