Trump and Xi to Discuss Minerals Trade Dispute Amid Rising Tensions

Trump and Xi to Discuss Minerals Trade Dispute Amid Rising Tensions

By tredu.com6/2/2025

Tredu

Supply Chain TensionsMinerals Trade DisputeUS-China Relations
Trump and Xi to Discuss Minerals Trade Dispute Amid Rising Tensions

Trump and Xi Jinping to Hold Talks Over US-China Minerals Trade Dispute

US-China Minerals Trade Dispute Prompts High-Level Talks Between Trump and Xi

In response to mounting tensions, US President Donald Trump and Chinese President Xi Jinping are expected to speak soon about an escalating minerals trade dispute, according to US Treasury Secretary Scott Bessent, as reported by Reuters.

Trump Accuses China of Breaking Tariff Rollback Agreement

On Friday, President Trump accused China of failing to honor an agreement to reduce tariffs and continue shipments of critical raw materials vital for US industries. The materials in question are used across strategic sectors like defense, technology, and clean energy.

“We’re going to have some tariffing. Maybe not as exciting as was announced on April the 2nd, but we’re still going to get it,” said Scott Bessent.

Critical Minerals Supply Chain at Risk

The minerals dispute is especially sensitive because it affects global supply chains that depend on stable access to rare earths and other industrial inputs. Disruptions could ripple across manufacturing, technology, and national defense operations.

Learn more about strategic minerals and their importance.

Global Markets Await Trump-Xi Call Outcome

Though the timing of the Trump-Xi call has not been officially confirmed, investors and policymakers are watching closely. The call’s outcome could influence global trade policies, currency markets, and international relations.

Track more developments in our US-China Relations section.

Key Points

  • Trump and Xi expected to discuss escalating minerals trade dispute
  • US accuses China of violating tariff rollback deal
  • Trade of critical minerals disrupted, threatening global supply chains
  • Market impact could hinge on the outcome of the leaders’ call

🔗 Related Content on Tredu.com

  • How Tariffs Disrupt Supply Chains
  • US-China Trade War Timeline
  • What Are Critical Minerals and Why They Matter
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