U.S. Signs Rare Earths Deal With Japan Ahead of China Trade Talks

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The US and Japan have signed a framework agreement to support the mining and processing of critical minerals and rare earths, aiming to counter China's dominance in the market. This deal is seen as a strategic move ahead of trade talks with China. The agreement is expected to benefit the defense, automotive, electronics, and energy industries.

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90%

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The United States and Japan signed on Tuesday a framework agreement to support the mining and processing of critical minerals and rare earths, as they seek to counter the dominant Chinese share of the market for minerals crucial for the defense, automotive, electronics, and energy industries. Visiting U.S. President Donald Trump signed the rare earths deal with the newly elected Prime Minister of Japan, Sanae Takaichi, praising the strong U.S.-Japanese alliance. The White House said that the deals, plus the trade deal from earlier…

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