Trump says Xi agreed to restart flow of crucial minerals, but analysts say China won’t give up its ‘rare earth card’ | CNN Business

Hong Kong CNN  — 

US President Donald Trump said Chinese leader Xi Jinping has agreed to restart the flow of crucial rare earth materials, after announcing a new round of US-China trade talks will be held in London on Monday.

Trump made the comments a day after holding his long-awaited phone call with Xi, during which the two leaders agreed to resume negotiations stalled over mutual accusations of violating the truce reached in Geneva last month.

For Washington, a major sticking point has been China’s export restrictions on rare earth minerals and magnets, which

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