U.S. Trade Representative Jamieson Greer announced on Friday that China has agreed to assist in limiting material support for Iran and ensuring the Strait of Hormuz remains open without tolls or military restrictions. This agreement represents a significant point of alignment between the United States and China following the recent summit between President Trump and President Xi in Beijing. However, Greer noted that discussions regarding rare earth materials have not progressed as positively, indicating ongoing challenges in that area of trade relations.
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