Symbolic imageUS warns China to meet Busan trade terms as trade chiefs prepare Shenzhen summit
The US has warned China that it must "immediately" meet the terms of the Busan trade deal, saying Beijing is not fulfilling commitments to increase the supply of rare earths and other critical products, according to the Financial Times. On Friday, Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer held a video call with Vice-Premier He Lifeng to finalise preparations for the Trump-Xi summit in Shenzhen.
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