00:00A few months ago, the press was saying,
00:20do you really have anybody of any interest?
00:23Well, we just signed with China yesterday, right?
00:26Just signed with China. We have everybody.
00:29We're not going to make deals with everybody.
00:30Some were just going to send them a letter, say,
00:32thank you very much, you're going to pay 25%, 35%, 45%.
00:35The United States and China have struck a new trade deal.
00:39After months of silence, tall talks, and rising tension,
00:42President Donald Trump has made a stunning announcement.
00:46A fragile understanding has been reached.
00:49One that could reshape global tech, defense,
00:52and geopolitical power balances.
00:55In a statement from White House, Trump confirmed that
00:57Washington and Beijing have agreed to expedite rare earth shipments to the United States.
01:03These minerals are essential for everything from smart weapons and fighter jets
01:08to electronic vehicles and smartphones.
01:12The BRIC troop comes after secretive negotiations in London earlier this month,
01:17an attempt to revive the faltering Geneva agreement signed in May.
01:22At the time, both nations had pledged tariff relief and mutual cooperation,
01:28but US officials later accused China of dragging its feet.
01:33Delays in export licenses, broken promises, renewed tensions.
01:37Until now.
01:38Beijing's Commerce Ministry on Friday confirmed that
01:42both sides will now review and approve rare earth exports under a new framework.
01:48In exchange, Washington will lift a series of restrictive measures
01:53that have weighed heavily on Chinese exports.
01:57Trump hailed the move as a big win for American industry,
02:01saying everyone wants to be a part of this.
02:04While he didn't share details, a senior White House official told
02:08the agreement includes a structured roadmap to implement the Geneva Pact,
02:14this time with enforcement mechanisms.
02:16The rare earth showdown may be cooling off for now.
02:20But the stakes are enormous.
02:22China produces 80% of the world's rare earths.
02:26And America, heavily dependent.
02:29This new deal doesn't just stabilize mineral flows,
02:33it resets the power dynamic.
02:35Behind the handshakes and handouts lies a high-stakes gamble.
02:39A fragile truce that could break with a single shipment delay,
02:43or a diplomatic flare-up in Taiwan or the South China Sea.
02:48Already, critics say Trump's announcement was short on transparency
02:52and long on theatrics.
02:54For now, the rare earths will keep flowing.
02:57But the trust deficit between Washington and Beijing remains dangerously high.
03:13to Africa now.
03:14concern
03:18Stefano
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03:42CEO
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