The European Commission remains cautious about China lifting export controls on rare earths and chips, even after the US announced China had agreed to ease restrictions and the EU's top trade diplomats argued the truce would also include Europe.
Rare earths and tech components necessary for key EU industries found themselves at the heart of a trade dispute between the US and China since US president Donald Trump's return to power in January 2025, the EU getting caught in the crosshairs.
