Rare earths friction threatens to stall trade truce extension ahead of Xi-Trump summit

US Trade Representative blames China for creating ‘uncertainty’ but observers point to benefits for both sides in delaying agreement

“They have limited rare earth exports. They’ve controlled them,” Greer said in an interview with Bloomberg News.

“President Xi and President Trump have a good relationship, but we need these extensions or other things to go incrementally to make sure that there’s compliance.”