US-China Truce Expiry Looms; Xi Visit Seeks Rare Earths, Chip Deal

Xi Jinping's US visit aims to renew the expiring tariff truce with Trump, with negotiations focused on rare earths and semiconductors. Beijing is pursuing self-sufficiency and market diversification amid internal pressure over Iran and upcoming legislative elections. The outcome is uncertain, but a failure to extend the truce could escalate trade tensions and disrupt critical mineral supply chains.