China to limit rare earth export licenses to the U.S. To six months

China announced a six-month limit on rare earth export licenses to the U.S., affecting ongoing trade discussions. The U.S. Has agreed to lift restrictions on jet engines and ethane, but final approval from Presidents Trump and Xi is still needed.

The limitation adds uncertainty to supply chains crucial for technology sectors. Meanwhile, Asian economies are shifting away from the U.S. Dollar in trade, reflecting concerns about dollar volatility and potential economic weaponization.