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US and China agree on trade framework for rare earths, soybeans

• Oct 26, 2025, 2:15 PM
1 min de lecture
US Treasury Secretary Scott Bessent on Sunday signalled that Washington and Beijing had reached a tentative trade framework that would see China delaying export curbs on rare earths and buying more US soybeans. If confirmed, the agreement would avert a threatened 100 percent hike on tariffs on Chinese exports.