Trump Says Rare Earth Export Issue Resolved Following Call with Xi

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The president said the Chinese leader extended an invitation to visit China, adding that the timing and location of the meeting will be announced soon.

WASHINGTONโ€”President Donald Trump confirmed on Truth Social that he spoke with Chinese leader Xi Jinping on Thursday morning, announcing that the issue of Chinaโ€™s export restrictions on rare earths has been resolved.

Trump described the conversation as โ€œvery good,โ€ noting that the two leaders discussed โ€œsome of the intricaciesโ€ of the trade deal recently reached in Geneva last month.

โ€œThere should no longer be any questions respecting the complexity of Rare Earth products. Our respective teams will be meeting shortly at a location to be determined,โ€ Trump announced after the call, which lasted an hour and a half.

He said Treasury Secretary Scott Bessent, Secretary of Commerce Howard Lutnick, and U.S. Trade Representative Jamieson Greer will attend the negotiations.

Trump also announced that Xi has extended an invitation for him and the first lady to visit China.

โ€œThis is something that we both look forward to doing,โ€ Trump said, adding that the White House would inform the timing and the location of the meeting.

โ€œThe conversation was focused almost entirely on TRADE. Nothing was discussed concerning Russia/Ukraine, or Iran,โ€ Trump said.

The conversation occurred during Trumpโ€™s growing frustration with stalled trade talks between Washington and Beijing.

On June 4, Trump wrote on Truth Social that Xi was โ€œextremely hard to make a deal with,โ€ after aides said Trump is expected to have a trade negotiations call with Xi this week.

Trump accused Xi of being โ€œvery tough, and extremely hard to make a deal with.โ€

Trade officials from both countries met in Geneva and announced a 90-day agreement on May 12, during which the high tariffs and retaliatory measures were supposed to be rolled back as further trade negotiations took place.

On May 30, Trump, however, revealed that the Chinese communist regime had โ€œviolatedโ€ the agreement by โ€œslow-rollingโ€ the critical mineral export restrictions it had agreed to roll back.

China dominates the critical minerals market by processing and refining both its own raw materials and those imported from other countries. This gives Beijing significant control over the global supply chain for these essential resources.

Byย Emel Akan

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