US commerce secretary Howard Lutnick quoted as saying US countermeasures will be removed once US receives rare earths

With his Commerce and Treasury secretaries close by, US president says ‘we just signed with China yesterday’.

US commerce secretary Howard Lutnick quoted as saying US countermeasures will be removed once US receives rare earths

The statement came after U.S. President Donald Trump said that both sides had signed a trade deal, without providing further details.

The deal involves loosening exports of rare earths to the United States and the lifting of some restrictions on U.S. goods to China, China’s Ministry of Commerce said.

China confirms details amid efforts to end tariff war, but questions remain over Trump’s global trade policy.