FILE PHOTO: A man works at the site of a rare earth metals mine at Nancheng county, Jiangxi province, China, October 20, 2010. The terms laid out in trade talks between Beijing and Washington include a commitment from China to deliver rare earths used in everything from wind turbines to jet planes. - Reuters
WASHINGTON: The US and China finalised a trade understanding reached last month in Geneva, US Commerce Secretary Howard Lutnick said, adding that the White House has imminent plans to reach agreements with a set of ten major trading partners.
The China deal, which Lutnick said had been signed two days ago, codifies the terms laid out in trade talks between Beijing and Washington, including a commitment from China to deliver rare earths used in everything from wind turbines to jet planes.
