US President Donald Trump (centre, L) and China's President Xi Jinping (centre, R) leave after their talks at the Gimhae Air Base, located next to the Gimhae International Airport in Busan on October 30, 2025. US President Donald Trump and China's leader Xi Jinping opened on October 30 their first face-to-face meeting in six years, seeking a truce to end a trade war that has roiled the world economy. Photo by ANDREW CABALLERO-REYNOLDS / AFP via Getty Images
Even though the United States-China trade war is currently in a one-year truce, pressure remains on China to fulfill its commitments to curb fentanyl precursors, purchase American soybeans, and lift export controls on rare earths.
And the year gives the United States time to ramp up its own supply chain of rare earths.
