IT-MAG Magnetic Material Co.,Ltd

IT-MAG Magnetic Material Co.,Ltd

China keeps hold on rare earth metals after lifting some U.S. export curbs

2025 05/12

China has temporarily paused export restrictions targeting 28 American companies on the heels of the trade truce Beijing reached with the Trump administration over the weekend in Switzerland.

But China is continuing to block exports from that country of seven rare earth metals to the United States, whose defense, energy and automotive industries rely on those metals.

According to the Geneva trade statement, China has agreed to “adopt all necessary administrative measures to suspend or remove the non-tariff countermeasures taken against the United States since April 2, 2025.”

One of those countermeasures is the rare earths export curbs.

When asked about the rare earths controls during a regular press conference Thursday, China’s Ministry of Commerce spokesperson said it did not have any information to provide.