Trump – XI Meets | Rare Earths ‘Settled’? Shaun Rein Calls Trump’s Claim Misleading #ETNOW
Trump – XI Meets | Rare Earths ‘Settled’? Shaun Rein Calls Trump’s Claim Misleading
Trump – XI Meets | Rare Earths ‘Settled’? Shaun Rein Calls Trump’s Claim Misleading
Shaun Rein, Founder of China Market Research Group, breaks down what really happened at the Trump–Xi meeting in Busan, the first in six years.
He says the meeting was “optics over outcomes”, with tariffs still at 45% and no formal deal signed. Trump is likely using an annual renegotiation model to keep pressure on Beijing while claiming domestic wins.
China, meanwhile, remains resilient — exports up 8.3% and industrial profits up 20.6%, showing it holds the upper hand.
Rein dismissed Trump’s claim that “rare earths are settled” as misleading, pointing out that China still refines 90–98% of global supply.
#trumpximeeting #chinausatrade #rareearths #tariffs #seanrein #nvidia #fentanyl
control your money with economic times now.
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