World

Rare earths deal between US and China is still in effect, US official says

By Reuters Reuters
FILE PHOTO: U.S. President Donald Trump shakes hands with Chinese President Xi Jinping as they hold a bilateral meeting at Gimhae International Airport, on the sidelines of the Asia-Pacific Economic Cooperation (APEC) summit, in Busan, South Korea, October 30, 2025. REUTERS/Evelyn Hockstein//File Photo
FILE PHOTO: U.S. President Donald Trump shakes hands with Chinese President Xi Jinping as they hold a bilateral meeting at Gimhae International Airport, on the sidelines of the Asia-Pacific Economic Cooperation (APEC) summit, in Busan, South Korea, October 30, 2025. REUTERS/Evelyn Hockstein//File Photo Evelyn Hockstein Reuters

A rare earths deal between the United States and China is still in effect and an extension will be announced at the appropriate time, a senior U.S. official told reporters on Sunday.

President Donald Trump ‌and Chinese President Xi Jinping will meet in Beijing on May 14 and 15.

(Reporting by Trevor Hunnicutt, Nandita Bose and Ismail Shakil; Editing by Edmund Klamann)

Copyright Reuters or USA Today Network via Reuters Connect.

This story was originally published May 10, 2026 at 11:26 AM.

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