A: Hey buddy! Did you catch the latest on the trade news?
B: Not yet, what's up?
A: So, China's giving US automakers and manufacturers a six-month limit for rare-earth export licenses. Sounds serious, right?
B: Whoa, what are rare-earth metals and why is this happening?
A: Well, these are special metals used in many tech products, like electric cars and electronics. The US and China have been having talks about it, but now China's putting a time limit on exports to the US because of some disagreements.
B: That sounds tense! I heard there were trade talks in London that ended this week. Did they agree on anything?
A: Yeah, both sides agreed on a plan based on what they talked about last month in Geneva. But things aren't settled yet, as China's decision shows.
B: That's interesting! So, what did the US do in response?
A: Trump posted on social media saying that if needed, the US can get rare earth metals from China upfront. The Wall Street Journal says they made a deal for China to ease restrictions now, and in return, the US agreed to relax some export controls on items like jet engines and ethane, which is used to make chemicals.
B: That sounds complicated! What do you think this means for the future?
A: It looks like each side still has ways to escalate tensions, according to the Wall Street Journal. The six-month limit on exports shows that the situation can change quickly. Let's see what happens next!
----------------
A leading US newspaper says China is imposing a six-month limit on rare-earth export licenses for US automakers and manufacturers.
China's export restrictions on rare earth metals and US control on semiconductor-related exports were believed to be among the top agenda items during two days of trade talks in London that ended on Tuesday.
Both sides said they agreed on a framework to implement the consensus reached during discussions last month in Geneva.
On Wednesday, US President Donald Trump posted on social media, "ANY NECESSARY RARE EARTHS, WILL BE SUPPLIED, UP FRONT, BY CHINA."
The Wall Street Journal quoted sources familiar with the trade talks as saying that, in exchange for China easing rare earth curbs for now, US negotiators agreed to relax some recent restrictions on the sale to China of items such as jet engines and related parts, as well as ethane. Ethane is used to manufacture chemical products.
The newspaper said that China's "six-month limit illustrated how each side is retaining the tools to easily escalate tensions again."
B: Not yet, what's up?
A: So, China's giving US automakers and manufacturers a six-month limit for rare-earth export licenses. Sounds serious, right?
B: Whoa, what are rare-earth metals and why is this happening?
A: Well, these are special metals used in many tech products, like electric cars and electronics. The US and China have been having talks about it, but now China's putting a time limit on exports to the US because of some disagreements.
B: That sounds tense! I heard there were trade talks in London that ended this week. Did they agree on anything?
A: Yeah, both sides agreed on a plan based on what they talked about last month in Geneva. But things aren't settled yet, as China's decision shows.
B: That's interesting! So, what did the US do in response?
A: Trump posted on social media saying that if needed, the US can get rare earth metals from China upfront. The Wall Street Journal says they made a deal for China to ease restrictions now, and in return, the US agreed to relax some export controls on items like jet engines and ethane, which is used to make chemicals.
B: That sounds complicated! What do you think this means for the future?
A: It looks like each side still has ways to escalate tensions, according to the Wall Street Journal. The six-month limit on exports shows that the situation can change quickly. Let's see what happens next!
----------------
A leading US newspaper says China is imposing a six-month limit on rare-earth export licenses for US automakers and manufacturers.
China's export restrictions on rare earth metals and US control on semiconductor-related exports were believed to be among the top agenda items during two days of trade talks in London that ended on Tuesday.
Both sides said they agreed on a framework to implement the consensus reached during discussions last month in Geneva.
On Wednesday, US President Donald Trump posted on social media, "ANY NECESSARY RARE EARTHS, WILL BE SUPPLIED, UP FRONT, BY CHINA."
The Wall Street Journal quoted sources familiar with the trade talks as saying that, in exchange for China easing rare earth curbs for now, US negotiators agreed to relax some recent restrictions on the sale to China of items such as jet engines and related parts, as well as ethane. Ethane is used to manufacture chemical products.
The newspaper said that China's "six-month limit illustrated how each side is retaining the tools to easily escalate tensions again."
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Summary
China imposes six-month limit on rare-earth export licenses for US automakers and manufacturers, escalating tensions over the use of these metals in tech products. This decision came following trade talks in London where both sides agreed on a plan based on discussions from previous talks in
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ID: b0944935-29a4-4103-bbca-2ede5d1995dd
Category ID: nhk
URL: https://www3.nhk.or.jp/nhkworld/en/news/20250612_22/
Date: June 12, 2025
Created: 2025/06/13 07:08
Updated: 2025/12/08 03:42
Last Read: 2025/06/13 08:04