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Rare earths truce offers US, EU brief relief, but China keeps long-term leverage

By Oscar Pandiello and Zack Budryk ( November 3, 2025, 13:38 GMT | Comment) -- The US-China truce over rare-earth export controls has eased immediate supply fears for Western industries but left deeper concerns unresolved. The suspension of export curbs, extended to EU companies late last week, offers temporary stability for key sectors. But calls are growing among EU capitals for a tougher stance toward Beijing. In the meantime, the US and EU alike are looking to the long term, seeking to diversify production and processing of critical minerals and rare earths.A truce between the US and China over rare-earth exports has offered short-term relief for key Western industries, but long-term anxiety over supply security will be far harder to ease....

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