In a significant move, China has confirmed that its suspension of rare earth export controls will now extend to the EU, following a pivotal meeting between Chinese and U.S. leaders. This decision comes as the EU scrambles to reduce its reliance on Chinese supplies amidst rising market tensions and supply chain disruptions.
As tensions rise over tariffs, the EU and US are in urgent talks to secure a trade deal. President Trump delays tariffs after a key call with EU leaders, but doubts remain about the outcome.