Stocks traded higher but trimmed gains on Wednesday, 11 June 2025, after The Wall Street Journal reported that China plans to impose a six-month limit on rare-earth export licences for US carmakers and manufacturers.
The move followed the latest round of trade talks between Washington and Beijing. Earlier in the session, US President Donald Trump declared a deal with China was 'done'—but news of the export restrictions quickly injected fresh uncertainty into the markets.
