Beijing has gained time to build up its own strengths by drawing out negotiations with the United States, using its chokehold over critical minerals.

Trump announces major China trade deal securing rare earth minerals with 55% US tariffs vs 10% China tariffs. Agreement reshapes global supply chains.

After two days of negotiations, the United States and China appear hopeful about the progress they’re making on a trade deal. But let’s take a look at what actually went down this week. Both countries say they have a "framework" that basically gets trade talks back to the agreement they made in Geneva a month ago.