In April, China imposed restrictions on the export of certain rare earth minerals, which are used in various industries, such as electric vehicles, advanced electronic components, and other sensitive technological applications.

The primary goal of this measure is to push China to resume and increase exports of these critical materials.

🔹 Microchips and Restrictions:

The United States has expressed willingness to ease some restrictions on the export of microchips and advanced equipment, provided that China resumes exports of these rare earth minerals.

However, Washington also stipulates that some restrictions on advanced artificial intelligence technologies remain in effect.

🔒 Other issues under discussion:

Imposing visa restrictions on some Chinese students.

Discussing the possibility of restricting exports of highly sensitive components.

📉 Economic situation:

China's exports to the United States fell by an estimated 34% to 35% in May compared to last year, the largest decline since 2020.

The US economy experienced a significant slowdown during the first quarter of the year, partly due to escalating trade tensions.