U.S. and China Agree to Revive Trade Truce, Ease Rare Earths Restrictions

U.S. and Chinese officials announced agreement on a framework to revive their trade truce, including the removal of China’s export restrictions on rare earth elements. While the move marks a step toward easing tensions, both sides offered limited indications of resolving deeper, long-standing trade disputes. Analysts caution that despite this progress, fundamental differences remain unresolved, leaving uncertainty over the future of bilateral economic relations.