US reaches deal with China to speed up rare earth shipments, White House says, amid efforts to end trade war

News Snapshot:

The United States has reached an agreement with China on how to expedite rare earth shipments to the US, a White House official has said, amid efforts to end a trade war between the world’s biggest economies. President Donald Trump said earlier on Thursday that the US had signed a deal with China the previous day, without providing additional details, and that there might be a separate deal coming up that would “open up” India. During US-China trade talks in May in Geneva, Beijing committed to removing non-tariff countermeasures imposed against the US since 2 April, although it was unclear...