US is looking for a deal in London in China Rare Earth Flows, says Hassett



The US negotiators will restore the river of critical minerals if they meet their Chinese colleagues for a new round of trade negotiations in London, said a first -class economic assistant of President Donald Trump.

“These exports of critical minerals were released at a speed that, as you know, are higher than in the opinion that we have agreed in Geneva,” said Kevin Hassett, director of the National Economic Council, during an interview on CBS News’Put on the nationWith Margaret Brennan.

Rare earth flows have become a new flashpoint in the Testy Bilateral Relations in the past few weeks. Top US officials, including the sales representative Jamieson Greer, accused Beijing, the elements of the trade agreement, which was mediated last month in Geneva, did not comply with by slowing critical minerals and extending the defense required for the latest electronics.

Trump on Fridaydescribed conversations with ChinaAs “very advanced” and said that XI Jinping has agreed to accelerate the programs of the critical minerals with rare earth. China said it on SaturdayapprovedSome applications for rare earth exports, but not attached to the applications or goals of the products.

“I feel very comfortable that this deal will be shortly before the end,” Hassett told CBS, without explaining the exact conditions that are to be negotiated from the two sides during the London talks.

“We want the rare earths, the magnets that are of crucial importance for cell phones and everything else, as well as before the beginning of April,” he said. “We don’t want technical details that slow down.”

This story was originally on Fortune.com



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