General Administration of Customs · Full chronicle and history

Data from the General Administration of Customs of China shows that China's exports of rare earth magnets to the U.S. in August fell 21% from July to 512 tons. Ahead of a meeting between Trump and Xi, outside analysts suggest the Chinese side may use the expansion of rare earth exports as a negotiating chip. In addition, U.S. Treasury Secretary Bessent and Chinese Vice Premier He Lifeng held a meeting on trade and artificial intelligence issues, and both sides agreed to further consultations.

The General Administration of Customs of the People's Republic of China released August foreign trade data, showing that dollar-denominated exports rose 25% year-on-year, and the cumulative increase from January to August reached 19.3%.