China's rare earth magnet exports surge ahead of Trump-Xi talks. Chinese shipments of rare earth magnets rose 8.2 percent in the first two months of 2026 compared to the same period last year, reaching 10,763 metric tons according to customs data. The timing is significant as U.S. President Donald Trump prepares for a delayed meeting with Chinese President Xi Jinping scheduled for late March or early April. However, exports to the United States declined sharply by 22.5 percent to 994 tons during January and February, reflecting ongoing trade tensions. Germany, South Korea, Vietnam, and France remain among China's top export destinations for these critical magnets used in smartphones, automobiles, and defense applications.
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