US officials pressed China on rare earths, farm goods commitments, Bessent says
- Posted on July 31, 2026
- By Business News Today
- 2 Views
- 1 min read
In brief
Washington has intensified diplomatic pressure on Beijing to fulfill previous commitments regarding rare earth mineral exports and agricultural purchases. These negotiations, occurring ahead of potential high-level talks between Trump and Xi, reflect growing US concerns over China's recent trade restrictions. Both nations have committed to leveraging existing consultation mechanisms to stabilize bilateral economic relations and foster a more cooperative trade environment that benefits both economies.
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US officials pressed China on rare earths, farm goods commitments, Bessent says
US officials urged China to honor commitments on rare earths and agricultural products. These discussions occurred before a potential meeting between President Trump and President Xi. China's recent trade restrictions were viewed as problematic by the United States. Both sides agreed to use consultation channels to strengthen economic ties. This aims to promote a stable and positive China-U.S. economic relationship.
