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US and China Reach Rare Earth Shipment Deal Including Ethane Export Lifting, Announced by Commerce Secretary Lutnick and Trump Ahead of July Tariff Deadline

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Published Jul 2, 2025, 10:45 PM

The United States and China have reached a trade agreement to expedite the shipment of rare earth minerals from China to the U.S., marking a step toward easing ongoing trade tensions between the two largest economies. U.S. Commerce Secretary Howard Lutnick confirmed the framework deal, which also includes the U.S. agreeing to remove restrictions on ethane exports to China once the rare earth shipments commence.

The agreement, announced by President Donald Trump and confirmed by Chinese officials, aims to restart rare earth mineral supplies, which are critical for technology and defense industries. This development follows months of tariff disputes and is seen as progress toward a broader resolution of the trade war. The deal was formalized ahead of a key July tariff deadline, signaling a potential de-escalation in economic hostilities and opening the door for further negotiations.

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#United States #China #Howard Lutnick #Donald Trump #Chinese

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reuters.com(8)jornaleconomico.sapo.pt(2)cnnbrasil.com.br(2)brasil247.com(2)

RedboxGlobal

@RedboxWire

U.S. Removes Restrictions On Ethane Exports, Permitting Enterprise Products Partners To Restart Shipments To China, Indicating Improved Trade Relations After Rare Earth Deals. 🇺🇸🤝

First Squawk

@FirstSquawk

U.S. LIFTS CURBS ON ETHANE EXPORTS, ALLOWING ENTERPRISE PRODUCTS PARTNERS TO RESUME SHIPMENTS TO CHINA AFTER REVOKING RECENT LICENSE RESTRICTIONS, SIGNALING A THAW IN TRADE TENSIONS FOLLOWING RARE EARTH AGREEMENTS - RTRS

ForexLive

@ForexLive

US lifts restrictions on Enterprise Product's ethane shipments to China

Story Timeline

10 days ago•Latest version

China-US Deal Speeds Rare Earth Exports, Eases Ethane Curbs

10 days ago•Original version

US and China Reach Rare Earth Shipment Deal Including Ethane Export Lifting, Announced by Commerce Secretary Lutnick and Trump Ahead of July Tariff Deadline

US and China Reach Rare Earth Shipment Deal Including Ethane Export Lifting, Announced by Commerce Secretary Lutnick and Trump Ahead of July Tariff Deadline

Financial Analysis

Associated Financial Markets

Related Prediction Markets

US-China tariff agreement before 90 day deadline?

Which countries will the U.S. agree to tariff agreements with before August?

U.S. tariff rate on China on August 15?

Trump x Xi Jinping talk before August?

Will Trump remove 10% blanket tariff in 2025?

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