Official US statement regarding the trade deal is out. It differs from the China version.
Differ is an understandment. The White House is outright lying.
The US is implying that China has PERMANENTLY REMOVED all rare earth exports BEYOND OCTOBER 9, port fees on US linked ships, and completely removed all retaliatory tariffs on the US.
Just like the Modi phone call that never existed. The Americans are resorting to OUTRIGHT LIES.
Claims China will completely remove rare earth export controls even beyond October 9th. Which is not true. Zero mentions that Oct 9th provisions are contingent on an 1 year truce.
- China will suspend the global implementation of the expansive new export controls on rare earths and related measures that it announced on October 9, 2025.
- China will issue general licenses valid for exports of rare earths, gallium, germanium, antimony, and graphite for the benefit of U.S. end users and their suppliers around the world. The general license means the de facto removal of controls China imposed in April 2025 and October 2022.
Claims that China will completely remove all retaliatory tariffs. No such thing has happened.
China will suspend all of the retaliatory tariffs that it has announced since March 4, 2025. This includes tariffs on a vast swath of U.S. agricultural products: chicken, wheat, corn, cotton, sorghum, soybeans, pork, beef, aquatic products, fruits, vegetables, and dairy products
Claims that China will remove and suspend all sanctions and blacklist against US companies including US MILITARY companies. Another lie
- China will suspend or remove all of the retaliatory non-tariff countermeasures taken against the United States since March 4, 2025, including China’s listing of certain American companies on its end user and unreliable entity lists.
China will permanently remove port fees for US linked ships. Once again, No mentions of the it being contingent on the 1 year truce.
- China will remove measures it took in retaliation for the U.S.’s announcement of a Section 301 investigation on China’s Targeting the Maritime, Logistics, and Shipbuilding Sectors for Dominance, and remove sanctions imposed on various shipping entities.
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