U.S. pressures China: Comply with trade agreements

The United States has increased pressure on China, demanding the immediate implementation of trade agreements reached between the nations at the Busan summit last year. According to reports by Yonhap and Seeking Alpha, U.S. Treasury Secretary Scott Bessent held a phone call with Chinese Vice Premier He Lifeng, joined by U.S. Trade Representative Jamieson Greer. The parties discussed the status of Beijing’s commitments and the broader economic relationship.

The U.S. demand comes amid shortages of rare earth minerals, which are critical components for technology and defense industries. Further details regarding China’s response or subsequent steps have not yet been released.