US warns China it must ‘immediately’ meet terms of Busan trade deal

Financial Times: Washington says Beijing is not fulfilling commitments to increase supply of rare earths and other critical products.

…The US is also concerned about Chinese restrictions on the export of yttrium, a critical rare earth for everything from jet engines to missiles, to Japan, which produces components for products made in America. Japanese companies have warned their government that stockpiles are running dangerously low…

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