U.S. and Japan Forge Critical Minerals Pact Amid China Tensions

Japanese Prime Minister Sanae Takaichi and U.S. President Donald Trump are finalizing a pact to secure rare earths and critical minerals, addressing economic security amid China's tightened export controls. This agreement aims to strengthen supply chains for essential products worldwide.

In a strategic move addressing global economic security, Japanese Prime Minister Sanae Takaichi and U.S. President Donald Trump are set to sign a historical agreement.

Faced with China's restrictive export controls on rare earths, the two leaders are working on securing critical minerals vital for products such as smartphones and fighter jets. This move underscores the critical nature of collaboration between major economies in safeguarding supply chains amid geopolitical tensions.

While Washington considered imposing high tariffs on Chinese exports, recent developments indicate a potential trade deal framework with Beijing. U.S. and Chinese leaders are poised to discuss these terms further during the Asia-Pacific Economic Cooperation summit in South Korea.

(With inputs from agencies.)