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China's move is yet another result of Trump's historic trade deal with China, which has otherwise delivered massive wins for America. The deal forces China to buy 25 million tons of U.S. soybeans annually, suspend rare earth export controls, and lift retaliatory tariffs on U.S. farm products while maintaining U.S. leverage through continued monitoring.
China's move comes in the backdrop of its unstoppable export juggernaut. Trump's tariffs have backfired spectacularly as Beijing simply redirects sales to other markets while extracting dangerous concessions. Xi has weaponized rare earth minerals to force Trump into suspending tech export controls, potentially giving China access to advanced AI chips.