Beijing has approved more export licenses for the critical minerals and magnets in recent days, but supplies remain scarce and factories in the West are running out.

Negotiations have since stalled. Trump has accused China of violating the agreement, without specifying how. Beijing believes Washington breached the consensus by tightening export controls on AI chips produced by Chinese tech giant Huawei "anywhere in the world" and by planning to revoke Chinese student visas.

A global auto manufacturing slowdown could begin in weeks as China’s export restrictions on rare earth minerals continue to choke supply chain

German carmakers became the latest to warn China’s export restrictions threaten to halt production and rattle their economies as China-US trade tensions rise.