Rare Earth Exports Improve but Chip Talks Stall at Trump-Xi Summit

5Mind. The Meme Platform

The two leaders also discussed artificial intelligence and possible cooperation on AI safety rules.

China has eased restrictions on rare-earth exports to the United States, but approvals are still slow, while advanced chip controls were barely discussed at the Trump-Xi summit, according to U.S. Trade Representative Jamieson Greer. 

Greer said rare-earth flows had returned to better levels, though delays still occur. 

“We’ve certainly seen the rare earths come back up to better levels. Sometimes it’s slow. There are times when we have to go and make our point,” Greer told Bloomberg Television in an interview published on May 15.

He gave China a “passing grade” on rare-earth exports and said U.S. officials would intervene when companies report problems. Chinese counterparts have been constructive in resolving specific cases, he added.

The United States recently received several large shipments of yttrium, a rare earth produced only in China that had been in short supply for over a year, affecting the American semiconductor and aerospace industries.

In contrast, talks on semiconductor export controls made little headway.

“This was not a major topic of discussion at the bilateral meeting. We did not talk about chip export controls at the meeting,” Greer said in the same Bloomberg interview.

The United States approved the sale of Nvidia’s advanced H200 AI chips to about 10 Chinese firms, including Alibaba, Tencent, and ByteDance, in December, with additional conditions added in January. No deliveries have been made so far.

Greer said any decision to import the chips was a “sovereign decision” for China. President Donald Trump suggested Beijing had not approved them because it wants to develop its own technology.

Chinese AI companies are increasingly using domestic chips due to U.S. restrictions. 

However, these curbs have slowed Beijing’s push for self-sufficiency while domestic factories struggle to increase output. Some Chinese AI models have had to ration access because of computing shortages.

By James Xu

Read Full Article on TheEpochTimes.com

Contact Your Elected Officials
The Epoch Times
The Epoch Timeshttps://www.theepochtimes.com/
Tired of biased news? The Epoch Times is truthful, factual news that other media outlets don't report. No spin. No agenda. Just honest journalism like it used to be.
00:02:22

Young Washington: Movie Review

Sitting in the theater watching Young Washington, I found myself wondering why this story hadn’t been made into a film sooner.
00:02:08

A Movie That’ll Keep You Awake: A Great Awakening

So how does someone (me) who thinks they’ve just seen the greatest movie ever (A Great Awakening), persuade you to watch it?

Ring That Bell

If I could travel back in time to 1776,...

Thoughts On America 250

Before you, American reader, is the honor, blessing, and privilege of celebrating the 250th anniversary of our nation. A nation toward which God has been merciful, shining His great grace.
00:01:39

Citizen Vigilante Delivers the Warning Western Governments Desperately Need to Hear

Citizen Vigilante shows what happens when the state stops defending the native population and shields favored migrant groups while criminalizing native dissent.
00:04:57

Fauci Diary Shows Doubts on Effectiveness of COVID-19 Vaccines

Dr. Anthony Fauci and other top government officials worked to prevent messaging about COVID-19 vaccines that they felt was too negative,
00:00:58

Senate Obtains Phone Fauci Used While in Government

A Senate panel investigating Dr. Anthony Fauci has obtained a copy of the phone he used during the COVID-19 pandemic.

US Immigration Agency Asks Public to Report Fraud, Anti-Government Activities

USCIS that processes green cards, U.S. citizenship requests, and work permits called on people to report cases of immigration fraud through a new portal.
00:04:20

Rand Paul Releases Fauci Contempt Resolution Ahead of Senate Vote

A resolution the Senate is scheduled to vote on states that Dr. Anthony Fauci’s invocation of the Fifth Amendment right against self-incrimination did not apply.
00:20:12

Trump Signs Orders to Curb Birthright Citizenship, Target Birth Tourism

President Trump signed two EOs that will restrict automatic citizenship to ​children born in the US because of commercial birth tourism and several other factors.
00:01:20

Blanche Nomination Advances to Senate Floor Vote

The Senate Judiciary Committee on Aug. 3 advanced the nomination of Todd Blanche as U.S. attorney general after he struck a deal with two GOP holdouts.
00:02:00

Clayton to Become Top US Intelligence Official on Monday

Jay Clayton will take over as director of national intelligence (DNI) on Monday, according to a social media post by acting director Bill Pulte.
00:57:09

Trump Imposes 4-Year Tariff-Rate Quota on Quartz Surface Imports

President Donald Trump on Friday signed a proclamation establishing a four-year tariff-rate quota on imports of quartz surface products.
spot_img

Related Articles

Popular Categories

MAGA Business Central