President Xi Jinping has reportedly agreed to resume rare earth mineral and magnet exports to the US, potentially easing trade tensions. This follows

U.S. President Donald Trump said on Friday that Chinese President Xi Jinping agreed to let rare earth minerals and magnets flow to the United States, a move that could lower tensions between the world’s biggest economies.

Earlier this week, China hit back on Trump’s claims the Asian country was in breach of a new trade agreement, struck last month following talks held in Geneva, Switzerland, countering that the U.S. itself was undermining the deal with new sanctions.