The treaty comes shortly after China restricted exports of rare earths and chip-making equipment in response to Trump’s tariffs
The US and Japan signed a cooperation agreement on the production and supply of critical and rare-earth minerals on Tuesday. The move follows a decision by China to tighten export controls on rare earths and chip-making equipment in response to US President Donald Trump’s tariffs.
The deal was reached during Trump’s trip to Tokyo, where he met with Japan’s new prime minister, Sanae Takaichi, for the first time.
According to the White House, the two sides agreed to boost joint projects that are “necessary to support domestic industries, including advanced technologies and their respective industrial bases,” and to use “economic policy tools and coordinated investment to accelerate the development of diversified, liquid, and fair markets for critical minerals and rare earths.”
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