A rare earths agreement between the United States and China will “hopefully” be finalised by Thanksgiving, Treasury Secretary Scott Bessent said in an interview broadcast on Sunday.
His remarks come after a framework deal was announced last month under which Washington agreed not to impose 100% tariffs on Chinese imports, while Beijing would delay introducing an export licensing system for key rare earth minerals and magnets.
“I am confident that, following the meeting in Korea between the two leaders, President (Donald) Trump and President Xi (Jinping), China will uphold its commitments,” Bessent told Fox News’s Sunday Morning Futures.
He also rejected a recent Wall Street Journal report claiming that Chinese officials intended to limit U.S. military-linked companies’ access to rare earth supplies.
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European leaders gathered in Dublin on Thursday, 12 November, for the ninth European Political Community (EPC) summit, with security, defence and energy high on the agenda. Azerbaijani President Ilham Aliyev held talks focused on peace, trade and regional cooperation.
UN Secretary-General António Guterres delivered a stark warning at this year's COP31 summit, saying the climate crisis iss advancing faster than governments' efforts to contain it.
Iran will not let a single particle of its enriched nuclear material leave the country, and any new U.S. attack would be met with strikes on distant American bases, Iranian security chief Mohsen Rezaei has said.
Nvidia chief executive Jensen Huang is stepping down amid reports linking him to a woman suspected by U.S. authorities of spying for China, throwing the future of the $4 trillion chipmaker into uncertainty.
Four million workers across Spain joined a general strike on Wednesday over the country’s deepening housing crisis, unions said, bringing disruption to factories, ports, shops and public transport just weeks before a snap general election.
Microsoft struggled to restore its services on Friday after a major outage disrupted Outlook, Teams and Copilot across the United States and Asia-Pacific region.
President Vladimir Putin agreed on Thursday to let European representatives join the next round of Ukraine peace talks while the United States continues to work towards what could become the largest prisoner exchange of the Russia-Ukraine war.
Azerbaijan and the UK have pledged to strengthen defence, trade and education cooperation after signing a joint declaration elevating relations to a strategic level in Dublin, Ireland on Thursday (12 November).
More than 333,000 people have been forced from their homes in Yemen since the beginning of August as fighting has escalated, including more than 24,000 in the past week alone, the United Nations said on Thursday.
A court in Russia’s Baltic exclave of Kaliningrad has sentenced human rights lawyer Maria Bontsler to 12 years in prison on treason charges, after prosecutors accused her of passing sensitive information to Ukraine.
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