Report
US warns China to ‘immediately’ fulfill Busan trade deal commitments
Washington says Beijing is falling short on rare-earth exports, while China denies failing to meet those commitments.
TLDR
US Treasury Secretary Scott Bessent and trade representative Jamieson Greer delivered the warning to Chinese Vice-Premier He Lifeng, emphasizing critical mineral supplies and agricultural purchases. China rejects US claims that it is failing to meet rare-earth commitments and says additional farm purchases hinge on reciprocal tariff cuts. The Busan trade truce expires January 10, 2027.
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