China extends its trade truce with Trump for 2 more months. The rare-earth dispute is still unresolved.

Beijing announced today that it will extend the suspension of several trade restrictions until January 10, 2027, just before the existing arrangement was due to expire. That includes export-control waivers covering critical minerals and related technologies. This dispute began when China imposed rare-earth export controls in April 2025, expanded them in October, then suspended the measures for a year after Xi Jinping and Trump met in South Korea last November. The latest extension follows another round of negotiations and comes ahead of Trump’s expected meeting with Xi at the APEC summit in China. The immediate trade truce survives, but the United States still depends heavily on China for materials used in electronics, automobiles and defense manufacturing. Another deadline is now only 2 months away.

https://www.reuters.com/world/asia-pacific/china-extends-suspension-24-tariff-us-imports-two-months-2026-11-09/