China Eases Trade Restrictions on Critical Materials Following U.S.-China Summit
China has lifted export controls on gallium and germanium, key materials for semiconductors and military applications, signaling a de-escalation in trade tensions with the U.S. The decision follows the October 30 meeting between Presidents TRUMP and Xi in Busan, where both sides agreed to temper their protracted trade dispute.
Beijing also reversed restrictions on dual-use materials like antimony and synthetic diamonds, initially imposed in response to U.S. semiconductor export bans. Graphite export checks, which burdened American EV and defense manufacturers, were suspended.
The moves mark a tactical pause in the tech-driven trade war, though long-term supply chain risks persist for industries reliant on Chinese critical minerals.