China trade thaw: Beijing pauses rare earth export curbs for 1 year after Xi-Trump talks, signals easing in tariff and tech tensions

China will temporarily suspend its rare earth export restrictions for one year, easing trade tensions with the US. This reciprocal move follows trade discussions and includes the US suspending its Entity List restrictions and cutting tariffs on certain Chinese goods. Both nations also agreed to pause countermeasures on each other's vessels and work towards resolving outstanding issues like TikTok.