China approaches Trump summit with rare earth leverage
Chinese officials believe Beijing has the ability to retaliate strongly if Washington increases trade pressure, according to people familiar with the matter.The assessment comes as China prepares for a summit between President Xi Jinping and Trump.The sources said Beijing thinks it can both respond and withstand pressure if the United States escalates.They spoke on condition of anonymity because they were not authorised to comment publicly.The stance matters because rare earth export curbs are part of the leverage now shaping China's approach.The two sides also agreed to a trade truce in October, under which Washington eased certain tariffs, China resumed soybean... [Continue Reading]
360LiveNews | 10 May 2026 15:00 LONDON
