A top White House official has said US President Donald Trump would ease restrictions on selling chips to China if Beijing agreed to speed up the export of rare earths, as the two countries began high stakes trade talks in London.
Kevin Hassett, director of the White House National Economic Council, said he expected US and Chinese negotiators to reach a deal that would result in China accelerating the export of rare earths and magnets.
Washington had accused Beijing of reneging on a deal on rare earths reached in Geneva last month as part of the ceasefire in the US-China trade war.
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