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China signs onto rare earth export deal with US.
On Friday, China’s Commerce Ministry said on state media that it will “review and approve eligible export applications for controlled items in accordance with the law” in response to a question about rare earth materials.
The statement follows President Donald Trump’s confirmation on Thursday that China and the US finalized a deal on rare earth exports, which are used to build a wide range of items, including electric vehicles, smartphones, and military equipment.
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