China suspends rare-earth export control measures, easing key flashpoint in US-China trade war — one-year reprieve allows for trade talks with the U.S. to continue

China has decided to suspend the rare-earth export controls it recently announced, giving a one-year reprieve that allows for ongoing trade talks with the U.S. This move comes after a tariff truce between U.S. President Trump and Chinese President Xi Jinping. Despite the easing of tensions, Trump maintains that certain technologies, like the latest Blackwell chips, will not be sold to China. Additionally, Beijing has banned its major tech companies from acquiring Nvidia AI GPUs, impacting Nvidia's market share in China.