The White House says the U.S. has reached an agreement with China to expedite rare earth shipments. This new understanding builds on the framework set by the Geneva agreement reached in May.
00:00The White House says it has reached an agreement with China to expedite rare-earth shipments.
00:06This new deal builds on the framework agreed upon during trade talks last month in Geneva.
00:11U.S. Commerce Secretary Howard Letnick says that once China delivers the materials,
00:15the U.S. will take down its tariff countermeasures.
00:18This agreement comes as China continues to tighten export controls on rare-earth elements,
00:23which are critical to many high-tech products and weapons systems.
00:26China is also Taiwan's primary supplier of these minerals.
00:30U.S. Commerce Secretary Howard Letnick says that the U.S. Department of State Department of State Department of State Department of State Department of State
