#USChinaTradeTalks China’s rare earth exports jump ahead of US trade negotiations

#TrumpTariffs #USChinaTradeTalks

China’s exports of rare earths (a group of 17 minerals at the centre of a trade dispute with Washington) rose 23% in May from a month earlier, according to customs data released on Monday, reported Bloomberg.

This increase comes two months after Beijing suspended exports of a wide range of rare earths and related magnets, underscoring China's dominance in the global critical minerals industry with an aim to counter the US in the ongoing trade war with President Donald Trump.