China has agreed to fast-track approvals for the shipment of rare earth minerals to the United States and some European Union nations.

SHANGHAI: China is willing to accelerate the examination and approval of rare earth exports to European Union firms and will also deliver a verdict on its trade investigation of EU brandy imports by July 5,

Beijing insists it has met its commitments to “suspend or cancel” its nontariff retaliatory measures to Trump’s April 2 “Liberation Day” tariffs. China announced restrictions on seven rare earths and magnets on April 4, although it never officially said this was in retaliation.