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President Donald Trump has confirmed a new trade deal with China focused on expediting rare earth shipments to the U.S. After secretive negotiations in London, Beijing has agreed to ease export controls while Washington lifts several restrictive measures. This breakthrough follows accusations of non-compliance after the Geneva pact in May. The fragile agreement signals a major de-escalation in the US-China trade standoff and could reshape the global tech and defense supply chain. Trump teased the deal during a high-profile event, declaring it a "big win" for American industry.

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Transcript
00:00A few months ago, the press was saying,
00:20do you really have anybody of any interest?
00:23Well, we just signed with China yesterday, right?
00:26Just signed with China. We have everybody.
00:29We're not going to make deals with everybody.
00:30Some were just going to send them a letter, say,
00:32thank you very much, you're going to pay 25%, 35%, 45%.
00:35The United States and China have struck a new trade deal.
00:39After months of silence, tall talks, and rising tension,
00:42President Donald Trump has made a stunning announcement.
00:46A fragile understanding has been reached.
00:49One that could reshape global tech, defense,
00:52and geopolitical power balances.
00:55In a statement from White House, Trump confirmed that
00:57Washington and Beijing have agreed to expedite rare earth shipments to the United States.
01:03These minerals are essential for everything from smart weapons and fighter jets
01:08to electronic vehicles and smartphones.
01:12The BRIC troop comes after secretive negotiations in London earlier this month,
01:17an attempt to revive the faltering Geneva agreement signed in May.
01:22At the time, both nations had pledged tariff relief and mutual cooperation,
01:28but US officials later accused China of dragging its feet.
01:33Delays in export licenses, broken promises, renewed tensions.
01:37Until now.
01:38Beijing's Commerce Ministry on Friday confirmed that
01:42both sides will now review and approve rare earth exports under a new framework.
01:48In exchange, Washington will lift a series of restrictive measures
01:53that have weighed heavily on Chinese exports.
01:57Trump hailed the move as a big win for American industry,
02:01saying everyone wants to be a part of this.
02:04While he didn't share details, a senior White House official told
02:08the agreement includes a structured roadmap to implement the Geneva Pact,
02:14this time with enforcement mechanisms.
02:16The rare earth showdown may be cooling off for now.
02:20But the stakes are enormous.
02:22China produces 80% of the world's rare earths.
02:26And America, heavily dependent.
02:29This new deal doesn't just stabilize mineral flows,
02:33it resets the power dynamic.
02:35Behind the handshakes and handouts lies a high-stakes gamble.
02:39A fragile truce that could break with a single shipment delay,
02:43or a diplomatic flare-up in Taiwan or the South China Sea.
02:48Already, critics say Trump's announcement was short on transparency
02:52and long on theatrics.
02:54For now, the rare earths will keep flowing.
02:57But the trust deficit between Washington and Beijing remains dangerously high.
03:13to Africa now.
03:14concern
03:18Stefano
03:19CEO
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03:42CEO

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