Beijing has not committed to grant export clearance for some specialized rare-earth magnets that U.S. military suppliers need for fighter jets and missile systems, the people said. The United States maintains export curbs on China's purchases of advanced artificial intelligence chips out of concern that they also have military applications.
At the London talks, China promised to fast-track approval of rare-earth export applications from non-military U.S. manufacturers out of the tens of thousands currently pending, one of the sources said. Those licenses will have a six-month term. Beijing also offered to set up a "green channel" for expediting license approvals from trusted U.S. companies.
But China has not budged on specialized rare earths, including samarium, which are needed for military applications and are outside the fast-track agreed in London, the two people said. Automakers and other manufacturers largely need other rare earth magnets, including dysprosium and terbium.
Why do they think the mil related RE are still unresolved? Wont CN being "not budged" means theres no room for nego on those magnets?Many people here were whining about the negotiations in London as soon as they finished. As if Trump and co. were ever trustworthy enough to tell the whole truth.
Why do they think the mil related RE are still unresolved? Wont CN being "not budged" means theres no room for nego on those magnets?
At talks in London last week, China's negotiators appeared to link progress in lifting export controls on military-use rare earth magnets with the longstanding U.S. curbs on exports of the most advanced AI chips to China. That marked a new twist in trade talks that began with opioid trafficking, tariff rates and China's trade surplus, but have since shifted to focus on export controls.
And U.S. Treasury Secretary Scott Bessent said there would be no "quid pro quo" on easing curbs on exports of AI chips to China in exchange for access to rare earths.
Well technically yes because both Korean and Japanese democracies are a complete sham with Japan being a one party state and Korea being indirectly ruled by Samsung.South Korea has military parades, are they authoritarian too?