China has been an "unreliable partner" in many ways, and the U.S. needs to get out from under the "sword" of Chinese control of rare earth minerals, Treasury Secretary Scott Bessent said Sunday on CNN.
Why it matters: The framework struck by the world's two largest economies isn't even on paper yet, and already both sides are ramping up the rhetoric. • It underlines concerns that the deal may not be lasting and may have only postponed trade tensions, rather than solving them.
Catch up quick: President Trump announced a framework trade deal with China early Thursday, which included one-year truces for export controls on rare earth minerals and some chip technology, and a Chinese commitment to buy U.S. soybeans. • Just a day later, Chinese leader Xi Jinping, at a summit in Asia, cautio

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