EL7.AI
GeopoliticsMedium•6 November 2026•
1 min read

US Urges China Rare Earths Compliance Ahead of Trump-Xi Summit

Key Facts

1The US urged China to immediately implement trade agreement commitments regarding rare earths, critical minerals, and agricultural purchases.
2Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer held a call with Chinese Vice Premier He Lifeng.

The United States urged China to immediately implement trade agreement commitments regarding rare earths, critical minerals, and agricultural purchases. Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer held a call with Chinese Vice Premier He Lifeng to address these obligations, Nikkei Asia reported. The move aims to secure compliance ahead of scheduled summits between President Donald Trump and President Xi Jinping in November and December.

This high-level diplomatic pressure is intended to secure critical supply chains, with Ambassador Greer emphasizing the necessity of concrete actions from Beijing. Regarding trade context, data from November 4, 2026, showed the US Balance of Trade at -$105 billion, with exports reaching $321.5 billion and imports at $426.6 billion on that same date.

Market participants are looking ahead to China's Balance of Trade data release on November 10, 2026, which will provide insights into trade volumes and compliance. Additionally, China's Producer Price Index is scheduled for release on November 9, 2026, potentially impacting global trade sentiment and raw material costs.